SXOOF has retraced 50% after its rally where it double topped (11/18, 12/1). Price stopped at .29 which was a prior support level and the most recent made a bullish hammer coming out of a down trend. In addition we see a golden cross with RSI that is significantly lower than its recent highs.
Looking for support at the .316 level and targeting the recent highs .45 level in the short term.
Looking for support at the .316 level and targeting the recent highs .45 level in the short term.