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