XRT bouncing off support zones
Still series of higher lows (uptrend) on weekly.Bounced right off the rising trendline, backtested the weekly breakout trendline as well. small MACD bullish divergence is also seen. Can go long at current prices or better with a stop under weekly close of 42.75-43.
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.