Showing posts with label Divergence. Show all posts
Showing posts with label Divergence. Show all posts

Monday, November 26, 2012

Financial SPDR XLF

Really in conflict over XLF.  Broken 15.75 support seemed to turn into resistance last week.  20 EMA still over 50 EMA for a bullish bias.  I'd like to seem over $16 for longs and under $15.50 for a short gap fill.  Negative divergence on weekly.