XLK SPDR Select (TECH) ... A little ahead of itself ??
There is a confluence of two weekly harmonic patterns which may give this ETF a pause.
This is weekly chart so give this time to develop and know you are going against the trend.
Its probably best to confirm a reversal with your favorite momentum indicator.
Not investment advice ... do your own due diligence.
S.
This is weekly chart so give this time to develop and know you are going against the trend.
Its probably best to confirm a reversal with your favorite momentum indicator.
Not investment advice ... do your own due diligence.
S.
Note
an update....
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.