Utility Stocks Continue To Rally – Sending A Warning Signal Yet? :: The Market Oracle ::
We have experienced an incredible rally in many sectors over the past 5+ months. My research team has been pouring over the charts trying to identify how the next few weeks and months may play out in terms of continued trending or risks of some price volatility setting up. We believe the Utilities Sector may hold the key to understanding how and when the US markets will reach some level of stronger resistance as many sector ETFs are trading in new all-time high price ranges. Utilities Sector Resistance At $71.10 Should Not Be Ignored The Utilities Sector has continued to rally...
Source: marketoracle.co.uk