In the past, the Utilities index was impacted by large interest rate swings.  Right now the DJ Utilities index finds itself facing key resistance in the chart below.


If long Utilities, I would guard values with a stop due to the resistance at (1).  Short and long-term bonds are on key support levels right now.  The index could very well give us a clue to the next big move in rates.  Key an eye on this index.

Game plan…Buy a breakout if it takes place. 

How The Recent Decline In Stocks Looks "Eerily" Like Major Bear Markets Of The Past