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RSI14 is showing a bearish divergence
SPDR Select Sector Fund - Technology
Short
RSI14 is showing a bearish divergence
By F01536
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Updated
Jul 30, 2018
2
Jul 20, 2018
Bearish divergence, not much to say :)
Could be time to enter a short today or in the coming days.
I did enter a put 21 sept strike 73 at price 1.87$
Jul 30, 2018
Note
One can exit now at 3 usd or wait for more :) that would be a minimum of 113 usd profit per contract.
This is my second trade I close here with a profit, my third one on being long vix is still open.
Bearish Patterns
Divergence
Technical Indicators
Relative Strength Index (RSI)
F01536
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