Dow Utilities Short Love Affair
Image Source: Pixabay
I remain madly in love with my Dow Utilities short (by way of XLU). Looking at the $UTIL itself, below, I think there’s a decent chance we will traverse the green zone. My wild-eyed fantasy, given the superb formation of the diamond, is tinted in teal. I doubt the government would allow the market to behave in such an appropriate manner, but………… Hope springs eternal!
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I tilt to the bearish side. Slope of Hope is not, and has never been, a provider of investment advice. So I take absolutely no responsibility for the losses – – or any credit ...
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