They're Ugly, But Not Yet Deserving of Your Sympathy

In conjunction with the sell-off in bonds this spring, and thus the spike in rates, the rate-sensitive utilities remain glaringly weak. 

On the sector ETF daily chart, below, note that the "utes" are still weak this morning. However, they are not yet technically oversold, still not at their lower Bollinger Band, just as one example. DUK is a major individual component, also not yet oversold despite the weakness. 

Overall, utes should likely see a tradable bounce this summer, but it may only come after we see recent bottom-fishers capitulate if and when the selling intensifies from here. 

Elsewhere, NFLX is following-through lower, initially, after the high sell volume reversal candlestick it printed on a big news session yesterday for the company and stock.