SELECT SECTOR SPDR UTILITIES ETF - XLU
Monthly chart shows indecision between the bulls and the bears. No buy signal/pattern evident on this timeframe.
Weekly chart shows selling pressure last week. Price below the 8ema and 34ema.
Daily chart shows consolidation pattern/trading range. Look to next week for better short term direction.
Sunday, February 24, 2008
XLU Update for 02.24.2008
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