XLK's rising cyclical trend line off the late 2008 lows is nominally broken. After a sustained period >70 RSI, sliding further below: this momentum cross has marked a major top in the preceding cycles.
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.
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.