Hi Jokevmar
Not everyone bleeds on sequi HRT and a lot depends on where you are in menopause - what your periods and cycle were doing in the lead up to HRT, whether you are peri or post-meno (or nearly so), whether you're taking the Utro vaginally or orally, and what dose! Usually it is abnormal bleeding rather than lack of bleeding that can be a cause for concern, especially when you are taking a recommended licensed course of HRT as you seem to be (if your Utro dose is 200 mg)
Hurdity x