XLU approaches top of its trading range

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XLU is showing signs that its recent rally maybe coming to close and start selling off for a period of time

  • XLU is currently one of the top sector ETFs for defensive move
  • Its turn around over the past year shows the rotational shift away from risk to defensive
  • Currently its recent rally is looking to come to an end.
  • Best to wait before making anymore purchases of XLU


XLU is running hot right now and is due for a pullback. Best to wait on the sidelines until after its coming sell off before adding to any positions

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