Looking to go short. Waiting for some kind of bearish reversal confirmation. It seems to be putting a blow-off top.
RSI and MACD not confirming highs. Price is testing long term channel resistance.
Its getting ridiculous now.
Chart almost identical (but weaker) to XLY
Although I am going to wait for SPY to put in some kind of a top.
RSI and MACD not confirming highs. Price is testing long term channel resistance.
Its getting ridiculous now.
Chart almost identical (but weaker) to XLY
Although I am going to wait for SPY to put in some kind of a top.
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