View: xlu.png


XLU: Utilities. I want to offer up a day trade style. Since the utilities is now trading under it's 200 day MA one can look to short strength associated with the index. Here is XLU. Monday may offer a price to short only if price pushed the RSI indicator above 90 by the end of the day a short position would be placed. Target is simply the other side of the 5 day MA usually lasts 1 to 3 days. Stop at your own risk. An example trade would be mid June.


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