Utilities' Pitch-Perfect Performance And Potential Market Impact
Image Source: Unsplash
For nine months, I have been prattling on about the incredible diamond pattern on the Dow Jones Utilities ($UTIL). All I can say is that its performance has been pitch-perfect, and I am counting on this sucker to drag the entire financial world down with it, once they wake up.
Bombs away!
And of course, NextEra (NEE), a favorite here, is playing right along.
More By This Author:
Stocks Above 200-Day MA Show Signs Of ReversalThe Nike Deep Dive
Will The BTFP Die?
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 ...
more