RSI14 is showing a bearish divergence Short

SPDR Select Sector Fund - TechnologyArca

Description

⋅ Jul 20, 2018 3:35 PM

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$

Comment

⋅ Jul 30, 2018 7:18 PM

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.

Technical Indicators Relative Strength Index (RSI)Divergence Bearish Patterns