Trade Alert - XLU
I am taking partial profits on XLU as it hits overhead resistance PLUS free opt in for future trades.
In this report:
1️⃣ Trade alert
2️⃣ Free opt in for future trade alerts via text - at bottom
1️⃣ XLU is the Utilities Sector ETF I wrote about a few weeks ago. You can read it HERE if you missed it.
Or here… 👇
That said, I am taking profit on half my position as it heads into resistance. I believe the fundamental analysis indicates higher prices in the intermediate term which is why I’m leaving half my position. Short term, a slight pullback would not surprise me.
I like to take profits when the chart tells me to do so.
2️⃣ Next, if you would like to receive trade alerts via text message, feel free to OPT IN below. I am offering this for FREE as a BETA trial run for now and do not want to clog my Substack Tobin Report as many readers may not want these types of notifications.
It’s FREE. It’s easy. Click below and all I need is your name and phone number. I do not market your info. It is purely so you will receive trade alerts.
That is all for today. Thanks for reading.
Eric
