XLU - Long term trend line hit Hitting the long term trend line. Up or down? It's going somewhere from here
XLU trade ideas
xlu watchlist a bit early on this one but starting to look for an entry on some utility companies at channel support around $50. looking at $D, $NEE, $NRG, $PCG, $EXC
Possible Swing From HereApproaching support levels for a possible bounce and from 51 area. no position
LONG XLUWith a recent spike in long-term US Government bond yields, XLU is similarly oversold. I'm looking for it to regain its trend support above $54.15 once bond yields mean-revert, which has taken 3-5 days in the last 5 such cycles this year. To enter this trade, I would wait for a bounce off of the most recent bottom around $52.64 as confirmation.
The Utilities Sector The following ETFs are related to the Utilities Sector. The ETFs track different sections of the utilities sector as noted. There are many more ETFs in utilities subsections for the USA and international equities. Included for each ETF are the symbol, the total Assets Under Management (AUM), the Number of Shares in circulation (Shares), the Average daily Trading Volume (Avg Volume) for the 3 months prior to 7/12/2017, the Expense Ratio, and the Bull//Bull type as well as the leverage ratio.
I have tried to copy these data carefully but cannot be held responsible for any mistakes made. These data are important because high volume ETFs are liquid which means you can get in and out quickly and there is a smaller spread between the bid and ask price. This affects the actual profitability of the entry and exits trades. The same considerations applies to put and call options. Use the highest volume ETF that you can.
The risk of the 2x and 3x Leveraged ETFs is that the 2x or 3x ration only applies to one trading day. After that, the ratio declines daily due to the rebalancing effect. NEVER hold 2x or 3x ETFs long term as they fall in value over time. For long shorts (in a non margin account or 401k), just buy the 1x Bear ETF if available. Unfortunately UTLZ is very low volume.
XLU AUM 7.1 Billion, Shares 137.2 M, Avg Volume 11.3 M, Expense Ratio 0.14%, 1x Bull
***Note XLU tracks the Utilities Select Sector Index.
VPU AUM 2.5 Billion, Shares 21.8 M, Avg Volume 145,689, Expense Ratio 0.10%, 1x Bull
***Note VPU tracks the MSCI US Investable Market Utilities 25/50 Index
IDU AUM 754.6 Million, Shares 5.9 M, Avg Volume 81,521, Expense Ratio 0.44%, 1x Bull
***Note IDU tracks the MSCI US Investable Market Utilities 25/50 Index
UPW AUM 14.4 Million, Shares 0.3 Million, Avg Volume 3,252, Expense Ratio, 0.95%, 2x Bull Leveraged
***Note UPW tracks the Dow Jones U.S. Utilities Index
SDP AUM 8.7 Billion, Shares 0.3 M, Avg Volume 3,144 , Expense Ratio 0.95%, 2x Bear Leveraged
***Note SDP tracks the Dow Jones U.S. Utilities Index (-200%)
UTSL AUM 2.5 Million, Shares 0.1 M, Avg Volume n/a, Expense Ratio 1.1%, 3x Bull Leveraged
***Note LOW VOLUME. AVOID
UTLZ AUM 2.3 Million, Shares 0.1 M, Avg Volume 195, Expense Ratio 1.1%, 1x Bear
***Note LOW VOLUME. 1000 shares traded 7/12/17.
$xlu continuation patterns across the board!-higher time frame showing healthy pullback in defined uptrend finding support at 53.3x area
-mid time frame shows range bound action after a quick downtrend/ signs of accumulation are seen in range bound equilibrium
-momentum is strengthening upward along with volume pressure
-spring candle/pinbar found on mid time frame finding quick support at 53.3x area shows buyers conviction
multiple retests of resistance area 53.6x area shows weakness and high probability of breaking out
lower time frame supports previously mentioned idea with price action making higher lows and higher highs into resistance showing buyers conviction with rising rsi
Hershey's CoCo Bull Sector Report - January 23, 2017I got Real Estate and Utilities mid-term bull... beating the market in daily upward price movement since mid November. Real Estate still has 12%+ until it hits next big resistance from last August. Utilities have 8%.
********************
Hershey's CoCo Indicator details:
Very Bull = Blue Arrow = Sector and Market prices are up, Sector price up more
Bull = Green Arrow = Sector and Market prices are up, Market price up more
Bear = Red Arrow = Sector and Market prices are down, Market price down more
Very Bear = Black Arrow = Sector and Market prices are down, Sector price down more
Neutral = No Arrow = Both movements equal
Arrow Length = Strength (the longer the arrow the bigger the difference)
Green Background = Bull = Above zero Moving Average of all arrow values
Red Background = Bear = Below zero Moving Average of all arrow values
To review, the Blacks and Blues are the HEAVIEST pressure... the LONGER the STRONGER!
Possible setup for Short...With the trump inauguration around the corner, i think XLI might take all the fame away from XLU.. The 52.77 resistance point has been retested and failed which is why we are in this downtrend.. But it seems as though we are turning out of the downtrend and it seems as though we will be bullish up to the 52.77 resistance.. Look for possible pullback in to about 47.50 and than it will hopefully begin steady uptrend. Once it gets there im expecting it to drop and retest once again and fail again because stoch will be worn and people will probably pull out considering it failed the first time...
XLU Utilities fund: Waiting for a structural breakdownXLU is a massive, highly liquid fund that only invests in utility companies that are included in the S&P 500. It is one among the cheapest and most liquid options. I am expecting a structural break down. Will only enter if the relative upward strength or the volume of the pair runs out. I have identified the same structure on RSI below. Have a look.
