Utilities Signal test of All Time Highs

It's always about power.

Utilities are eyeing all time highs.

With this mornings sell off, XLU formed an inverse head and shoulders.

The 162% profit target for the structure lines up perfectly with an Ascending Triangle forming on the daily and all time highs.
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Ascending TriangleHead and ShouldersheadshouldersTrend Analysisutilities

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