XLRE - Bullish Momentum, Selling Wave, Sell Off
XLRE - Bullish Momentum, Selling Wave, Sell Off
The price was considerably Over Extended in the markup, with a consequent decrease in demand.
From the Bulge the price started the Selling Wave. Now it has begun to be Under Extended with a relatively high volume.
Trend Momentum still Bullish, just for now.
Details on the chart.
Thank you
Girolamo Aloe
Disclaimer
Nobody in Girolamo Aloe websites is a Financial Advisor and nothing herein is intended to be constructed as Financial Advice. Every content is for information and educational purposes only. Trading carries high risk. You should not invest money that you cannot afford to lose. Past performance is not an indication of future results.
The price was considerably Over Extended in the markup, with a consequent decrease in demand.
From the Bulge the price started the Selling Wave. Now it has begun to be Under Extended with a relatively high volume.
Trend Momentum still Bullish, just for now.
Details on the chart.
Thank you
Girolamo Aloe
Disclaimer
Nobody in Girolamo Aloe websites is a Financial Advisor and nothing herein is intended to be constructed as Financial Advice. Every content is for information and educational purposes only. Trading carries high risk. You should not invest money that you cannot afford to lose. Past performance is not an indication of future results.
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