Utilities SPDR Battles Key Moving Average



The Utilities SPDR (XLU) is battling the rising 200-day moving average for the third time in five months. Since surging above 38 in mid September, the ETF pulled back with a falling wedge. Buyers stepped in near the 200-day as the ETF moved above the wedge trend line early Tuesday. Let's see if MACD can confirm with a signal line crossover.  

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