XLF has reached its minimum target of 26.81. So far HSI and Amp RSI show no signs of an impending reversal.
Thus this would be a time to consider taking some profits off the table but not to take a short.
Amp RSI in particular shows extreme overbought behavior which suggests price needs time before a reversal can happen.
Check my twitter account for more details: @KeeganHT
Thus this would be a time to consider taking some profits off the table but not to take a short.
Amp RSI in particular shows extreme overbought behavior which suggests price needs time before a reversal can happen.
Check my twitter account for more details: @KeeganHT