The ASX utility sector (green Line) has possibility peaked out. this sector could be a leading indicator - during the GFC, the Utilities index peaked approximately 5 months before the other main ASX indices including the XJO (white Line) and XAO. the Energy sector was last to peak, topping approximately 8 months after the XJO peak during the GFC while XGD was the first to rebound from the GFC fallout and hit new highs. who knows what will happen this time.
