Get started
SPDR Select Sector Fund - UtilitiesSPDR Select Sector Fund - UtilitiesSPDR Select Sector Fund - Utilities

SPDR Select Sector Fund - Utilities

No trades
See on Supercharts
Overview Analysis News
Ideas
Discussions Technicals Seasonals Options

XLU trade ideas

Bat pattern completed The Bat pattern I've mentioned in the past for $XLU was completed last week. As you can see there was minor bearish reaction to my harmonic sell zone. $XLU is very close to 50$ so we may see it try to touch this psychological level.. that's usually what happens. The bearish scenario for $XLU requires a stop loss above 50.5$ with nice R/R as I aim for 47$ as my first daily target zone and 45$ as secondary Tomer, The MarketZone This analysis is part of the Weekly Markets Analysis newsletters To read more interesting technical reviews for the week goo.gl To subscribe to the newsletters - goo.gl Follow my blog - goo.gl Subscribe to my Youtube channel - goo.gl
AMEX:XLUShort
by themarketzone
Utilities (XLU) are toppish, correction expected.The XLU has recentlly reached it's high of early 2015 near $50 which seems to offer strong resistance. A double top seems to be in process. Elliott waves count of 5 waves is completed, a correction seems to have started towards the $46.70/$45.35 area, The wave III should just have started, a fast drop is expected. RSI (5) and MACD are showing beairhs divergence and the XLU-0.20% is trading far away from its 200 days SMA (at $44.30). The bond market is also showing a similar exhaustion pattern.
AMEX:XLUShort
by waverity
Markets ready for a short ? The overal market is weakening and approaching a riskwise interresting level to participate in a potential leg down with: ->the sp500 approaching the supplyline of a pot. downchannel ->xly approaching its resistance ->xlp on a break of the demandline , retesing the broken resistance ->xle trading at its supplyline ->xlf forming a pot. lower high ->xlv struggeling gaining new grounds to the upside ->xlk trading near its resistance ->xlu trading near its resistance riskwise shorting the sectors close to its resistance like XLU, XLK and the sectors at their supplylines like XLE would be the best bet... especially XLE which is the weakest sector of them all , would be a good candidate to participate in a short play
AMEX:XLUShort
by Invezted
Continuation towards bearish Bat completion? $XLU is no doubt one of the strongest sectors out there. The bullish setup from 41$ generated impressive rally in time where the markets suffered mostly losses. Now, as sentiment starting to shift, we may see continuation move towards final target zone of the bullish move - Completion of Bat pattern near 49$ Two zones to monitor in $XLU: 1. 45$ - Currently support (we see that the price is bouncing on it for now. 2. 43-44$- Structure and the daily 200 MA line Tomer, The MarketZone.net Follow me on TradingView Follow my blog - goo.gl Subscribe to my mailing lists - goo.gl
AMEX:XLULong
by themarketzone
MACRO VIEW: XLU STRUGGLING TO GET BACK INTO MACRO UPTRENDSXLU - the SPDR utilities sector ETF is struggling to get back into macro uptrends, while showing no bias on short term. On long term perspective the price is trading around upper 1st standard deviation from 5-year mean, which is a 5-year uptrend border. The price is also technically in 10-year uptrend, trading above the upper 1st standard deviation from 10-year mean. Thus one can only say that XLU has restored its long term upward bias if it trades firmly back above 44. On short term basis price is trading within 1st standard deviation from both 1-year and quarterly mean, showing no directional bias at the moment.
AMEX:XLULong
by Killy_Mel
XLU $44.16: Breaks below triangle support for further downsideXLU broke below a 7-week triangle consolidation support (as shown on the weekly chart), completing a bearish continuation pattern. Further losses risk 43.49 (March 23, 2015 weekly low) then 43.01 (March 9, 2015 weekly low) next. Below there would expose 41.40 (September 22, 2014 higher low). The 45.46 high (April 20, 2015) should cap near term bounces. Only a break above the latter would defer the downside and stabilize for 45.65 (March 16, 2015 high). Outlook: Short term: bearish Long term: neutral
AMEX:XLUShort
by novvoll12
1