Barclays - Bears score another brownie point
Daily chart - Breach of the rising trend line (drawn from June low and September low) adds credence to the round top pattern and bearish breakdown on the RSI.
A daily close below 219.10 (Jan 31 low) would be an icing on the cake. Doors would be opened then for a sell-off to 200.00 levels.
A daily close below 219.10 (Jan 31 low) would be an icing on the cake. Doors would be opened then for a sell-off to 200.00 levels.
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