03/27 – 03/31 Utilities

XLU

Prior pivots for trading this week are 52.23 and 50.75 on XLU. As long as XLU hold above 50.75 stay bullish and watch for follow through to clear 52.23 trading strong sub-sectors/stocks. If bears build up power and broke above 50.75 see if they hold and watch for follow through to 50.50 trading weak stocks.

Strong stocks :

NEE, DUK, PCG, AEP, EIX, XEL, WEC, ES, AEE, CNP, PNW, NRG.

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