XLK RSI & OBV Bearish Divergence

Actualizado
  • RSI shows bearish divergence on the price peaks
  • OBV show bearish divergence; in this last leg up the OBV has been declining.
  • Price was starting to form a bearish wedge but fell out quickly, bounced from 100 SMA.


Using Fib extension of 1.618 of an "ABC" pattern to project target, forming a double bottom from the most recent major correction. Duration of C leg is not to scale.

Operación activa
Short entered at 81.88
Operación cerrada: precio stop alcanzado
Trend Analysis

Exención de responsabilidad