Dow Theory - Utilities

DOW THEORY - Utilities



Let the charts do the talking. 400 is the double top. We may be there, the daily has its first lower high, if that becomes a trend - then we have a clue to the markets. We are in uncharted waters, massive overbought. Look at that reliquidfication on the monthy, historical! These markets are at a crossroad again. The FED has re-bubbled it back.


Utilities - Weekly





Utilities Monthly

We watch this new downtrend that has started here - we have patience.

West