XLU has formed a double top.
Utilities have been a flight to some degree of less risk. However Looking back to 2008 and 2000 utilities were hit just like most other equities.
I believe that utilities are going to be hit again within the next year.
* This information is not a recommendation to buy or sell. It is to be used for educational purposes only.
Utilities have been a flight to some degree of less risk. However Looking back to 2008 and 2000 utilities were hit just like most other equities.
I believe that utilities are going to be hit again within the next year.
* This information is not a recommendation to buy or sell. It is to be used for educational purposes only.