XLUFailed breakout again last week. Watching for another attempt this week. Needs to stay above midpoint trendline for bullish bias. by tdrake21391
V Bottom ABC BullishV Bottom break out is over prior high. This has not been broken ABC possible targets and break out listed separately Top 10 Holdings NEE - NextEra Energy Inc16.18% D - Dominion Energy Inc8.01% DUK - Duke Energy Corp7.33% SO - Southern Co6.79% AEP - American Electric Power Co Inc5.07% EXC - Exelon Corp4.43% SRE - Sempra Energy4.29% XEL - Xcel Energy Inc4.27% ES - Eversource Energy3.57% WEC - WEC Energy Group Inc3.54% Possible Targets 2: 92 98Longby lauralea2
!XLU Long Entry: 13:26:00 (UTC) Thu Jul 30, 2020Today's GDP number has confirmed cyclical inflation, with a devalued dollar (not a longterm, more like 5-10 months) of inflation. For those that don't understand how inflationary economic progress without real (nominal) GDP works, it's bad for everyone except the wall-street facilitating primary dealers and broker dealers. It's that easy. Even though good are going up for the average family, do you think that wall street speculators care? Longby TayFx18
XLU - Symmetrical TriangleLooking for a breakout to the upside. But it could easily go the other way. Thoughts?Longby JeffreyJenkins4
XLU Position Update: 13:57:15 (UTC) Tue Jun 16, 2020XLU Position Update: 13:57:15 (UTC) Tue Jun 16, 2020Longby TayFx43
XLU Long Entry: 13:13:50 (UTC) Fri Jun 12, 2020XLU Long Entry: 13:13:50 (UTC) Fri Jun 12, 2020Longby TayFxUpdated 24
XLU Long Entries into Stagflatinary TransitionXLU Long Entries into Stagflatinary TransitionLongby TayFx30
$XLU remains in 6-week downtrend $natgas $UNG @enelyst_Negative y/y despite low interesting ratesby mikezaccardi2
XLU:SPY UpdateI previously made an analysis on this ratio. Here is an update. Typically the Utilities sector ( XLU ) serves as a hedge in recessionary times. This sector is made up of companies such as water, electricity, natural gas . Companies within this sector usually offer steady and consistent dividends and are less volatile relative to the general market. The XLU:SPY ratio suggests that when it breaks out above 240-SMA, XLU tends to outperform the SPY . That is what we call RISK-OFF. On the other hand, when it breaks below 240-SMA, SPY tends to perform the XLU. That is what we call RISK-ON. Currently, the ratio XLU:SPY already tested the 240-SMA and found resistance. I see there was a negative divergence between XLU:SPY ratio and its RSI back in March 2020. Ratio just broke daily uptrend line. My conclusion, we may see higher numbers for the SPY in the following weeks. by Andresa303