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XLU Utilities Sector SPDR July Outlook—Utilities have been unable to keep pace with the broad equity indices since May but are now deeply oversold and at intermediate term support

The XLU has now retraced a majority of its April/May break-out and sits at an intermediate term support level with the daily RSI at clear oversold levels

XLU Utilities Sector SPDR July Outlook—Utilities have been unable to keep pace with the broad equity indices since May but are now deeply oversold and at intermediate term support Read More »

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