CLICK ON CHART TO ENLARGE
When it comes to juiced up performance in 2014, Utilities come to mind. Utilities ETF XLU is up just short of 30% on the year (see performance here, click on YTD)
This strong rally has XLU up against 5-year channel resistance, with momentum lofty and it could be creating a bearish wick at these key price point.
A unique pair trade involving Utilities is at hand right now. Sector members will be informed of this trade tomorrow. If trading sectors is of interest to you, I would be honored to have you as a Sector/Commodity Sentiment Extremes. See details (here).
See more of our research….HERE