$XLU: Utilities bottomed mid term
Very nice low risk buy in 
XLU here, upside is substantial vs risk.
The trend signal here predicts upside for 7 weeks or less, until $71.30 is hit, as long as the stop loss area is not reached (below $61.97 in this case).
You may use this sector ETF signal to research individual names that might have higher reward to risk or interesting fundamentals as well...
Best of luck!
Cheers,
Ivan Labrie.
XLU here, upside is substantial vs risk.The trend signal here predicts upside for 7 weeks or less, until $71.30 is hit, as long as the stop loss area is not reached (below $61.97 in this case).
You may use this sector ETF signal to research individual names that might have higher reward to risk or interesting fundamentals as well...
Best of luck!
Cheers,
Ivan Labrie.
🔒Want to dive deeper? Check out my paid services below🔒
ivanlabrie.substack.com/
ivanlabrie.substack.com/
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.