XLU has been one of the strongest sectors over the last month on anticipation of no rate hike.
It is breaking out but is still developing IMO as the rate hike is still in question
moreover it is up against the kumo cloud on the weekly. Resistance area is my target
It is breaking out but is still developing IMO as the rate hike is still in question
moreover it is up against the kumo cloud on the weekly. Resistance area is my target
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SWING LOWS WEEKLY
paulyberndt
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