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SPYvsGME

Utilities Signal test of All Time Highs

SPDR Select Sector Fund - Utilities (AMEX:XLU)  
SPYvsGME  
AMEX:XLU   SPDR Select Sector Fund - Utilities
Trend Analysis Head and Shoulders headshoulders utilities Ascending Triangle
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trendanalysis headandshoulders headshoulders utilities ascendingtriangle
It's always about power.

Utilities are eyeing all time highs.

With this mornings sell off, XLU formed an inverse head and shoulders.

The 162% profit target for the structure lines up perfectly with an Ascending Triangle forming on the daily and all time highs.
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