$XLU - RC -
Added 2023-10-16 15:50:29 +0000 UTCUtilities ETF - appears to be very different compared to the S&P500 right now but be mindful that this is on the weekly timeframe and I have Wave 5 climbing to $92 by 2029.....so it is a long time frame, it was the only time frame I could use to show the full extent of this trend.
We can see that Wave 1 started in 2002 at the end of the Dot.com bubble and has climbed and descended with every major economic event.
I expect the price of utilities to continue its slowly climb for the next 6 years.
