SPDR Select Sector Fund - Utili
Investment Thesis
XLU pulled back nearly 5% from its May highs to test and hold the 200-day MA (~$44.06), and the MACD histogram has just flipped positive — a classic mean-reversion setup within an intact Golden Cross structure. The catch: utilities remain a structural underperformer vs. SPY, so this is a tactical bounce trade, not a leadership thesis.
Why It May Work
Why It May Not Work
Timeline
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