Dow 15 Util Average

Discussion in 'Trading' started by Spectre2007, Jun 14, 2007.

  1. Looking at the trendlines on the daily chart, its almost at its downward trendline. The longterm upward progression trendline is at 480. The downward trendline is at 505, and we are sitting at 502.
  2. the utilities need to move up, they are stalling and didnt hold most of the gains today. Its a warning sign.