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OptionalIdeas

Short XLU

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SPDR Select Sector Fund - Utilities (AMEX:XLU)  
OptionalIdeas  
AMEX:XLU   SPDR Select Sector Fund - Utilities
Trend Analysis Trend Lines Double Top or Bottom short
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trendanalysis trendline doubletoporbottom short
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.
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