I STILL think this is a big deal … Utilities… an update

August 7, 2016 – are the Utilities cracking?  Historically, they have NEVER gone farther than the measured moves shown from the post 6/6/2016. Stay tuned.  the point we are trying to make here is that when these blue measured moves are present AND a perfect 1.618 extension is present THEN the Utes have correct either 46 or 60 percent. here’s the question – are you ready for THAT?  watch the close on Friday for more weakness coming confirmation.





6/06/2016 – were rolling right up into the target zone w/ monthly bearish divergence. yes, I still think this is a big deal and begs of caution … in 26,854 days Utilities have never gone farther w/out a major correction.  Questions?




going to show this chart again of the Utilities … watch closely, the upper target is pretty darn close.  Since the low in the 1940’s the Utilities have never gone farther than this (or close to this – still some upper targets) w/out a major pullback.


Author: BART

BART is a CMT and an expert a "advanced" pattern recognition used w/in the intermarket analysis discipline. He's also an accomplished Business Development Executive providing solutions to a myriad of business markets.

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