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UnknownUnicorn1542001

XLU Bearish Divergence Patterns

Kort
SPDR Select Sector Fund - Utilities (AMEX:XLU)  
UnknownUnicorn1542001  
AMEX:XLU   SPDR Select Sector Fund - Utilities
Trend Analysis Trend Lines Technical Indicators rsi_divergence bearishdivergence
3
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trendanalysis trendline indicator rsi_divergence bearishdivergence
XLU seems to develop bearish divergences that push the price down towards this bullish trend line (in the purple). The bearish movement could take some time to develop. We could see more bullish movement in the short term.

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