XLU - Grade: B

Looking for utilities to leave the massive daily channel.


Utilities is a defensive sector and often goes neutral to bullish when the market pulls back. Looking for that channel to breakout and send us to test 56-57 range

Update Wed Jan 23 - 11:10 am

XLU Entry

Expiration - Feb 15 2019

Strike - 54 strike calls

Stop - If XLU goes below 53

Target - Mid 56 or higher

In PlayAaron Gose