US Tech 100 CFD
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USTECH100 HUGE RSI Divergence on Weekly chart

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Hello,

We have a huge rsi divergence on weekly timeframe for USTECH100CFD that probably indicates us a retest of the support zone at the 14085 level.

The pattern that is configured is W with retest of the neckline, a healthy movement of correction that could subsequently lead to higher levels.

The operations that can be followed are 2 :

Short with take profit in 14085 area or wait for the market to retrace on the highlighted level to enter long in view of 15 K .


Be careful next 2 weeks is earning season for most tech companies.

Not a fianancial Advise.

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