The favorable period for Utility sector is coming to a close and April 28th closing price has given the exit signal for the last ETF trade.
- Exit FXU – First Trust Utilities AlphaDEX – at or around 22.80, the close on April 28th
FXU was entered in early March at 21.42 and resulted in 6.4% gain in 55 days.
This closes all trades for this sector. All trades were profitable with a net gain of 14.1% in 56 days for an annualized return of 91.9%.
