Utilities Are Signalling Something?
I am not sure what? In the past big waterfall declines in utilities often led to major drops, including crashes. This morning not only did the DJUA follow thru in breaking the lows from last October on Friday, it has continued lower to trade below the lows from Feb. 2021.(see chart) This four year chart shows substantial support in this area below 800. Hopefully it leads to a bottom soon.