Ratio of XLF/XLY is at important Fibonacci projection level
Has potentially bottomed, good upside potential.
Indirect way to play a possible rise in interest rates.
Key support at 0.30, a break below would invalidate this view.
Bullish divergence on RSI-21 week.
Has potentially bottomed, good upside potential.
Indirect way to play a possible rise in interest rates.
Key support at 0.30, a break below would invalidate this view.
Bullish divergence on RSI-21 week.
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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.