Did You See The Break in Utilities?
This week is all about the monthly charts. As the last Tuesday of this month (August) also happened to be the last day of the month, Julius decided to push things forward a bit and discuss the monthly charts in this show instead of next week, as it would mean waiting an entire week before checking up on our long term trends. The seasonal outlook for the coming month of September was discussed in the previous episode of Sector Spotlight.
With most of the monthly sector charts still in UPtrends, the chart for Utilities is one to pay attention to as it stands out with a fresh break higher!