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xsubtownerx
Feb 14, 2017 7:43 PM

XBI 1H Short - Divergence Short

SPDR Series Trust SPDR S&P Biotech ETFArca

Description

You wouldn't catch me going long here (XBI) at these levels on the 60 minute chart. RSI and MACD divergence to price ratio is CRAZY. On watch for a short tomorrow. GL

Comment

XBI poised to hit 72 this week. No reason to rush into a short just yet. Even on the 1H chart...

Comment

Of course literally seconds after I post my last comment we get a flush. On watch again...

Trade closed manually

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