The Traderszone Network

Published in TZ Latest News 16 June, 2015 by The TZ Newswire Staff

LONG-Term SELL on Utilities ETFs

We rarely get Long-Term Trend Model SELL signals because it requires the 50-EMA to cross below the 200-EMA; and, let’s face it, we’ve been in a bull market for years, so these negative crossovers should definitely be noted! I’ll go over the Utilities ETF (XLU) and the equal-weight Utilities ETF (RYU) charts below. But I also wanted to let you know that we saw another whipsaw…