Should we underweight or overweight the utility sector, which showed relative strength On Monday? Good question, so let's dig into the charts of the Utilities Select Sector SPDR ETF commonly known as the (XLU) .
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Sometimes the most rewarding trading strategies are found away from all the shouting.
Let's review the charts and indicators.
Silver has taken a hit of late, but we should see buyers start to step in.
There is plenty of upside for a trade, but I think MSOS is a long-term buy and hold as well.