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Short Utilities
SPDR Select Sector Fund - Utilities
Short
Short Utilities
By BasedCharts
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May 17
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May 17
Utilities have risen along with a bond rally, stock market surge and AI-hype.
Stock market is back near peak valuation hit in late 2021, AI-hype is fading and surge in commodities is putting a lid on bonds.
XLU also firing exhaustion signals.
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BasedCharts
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