Bearish Divergence

2019년 11월 12일

Dow pushed to fresh records highs after lagging other major US equity markets. Alongside this, the RSI has also pulled back slightly, having neared overbought territory, while a bearish RSI divergence has also occurred, which in turn raises the risk of a potential pull back in the index. Wait for potential pull back and see to go long. Still bullish on US tech companies.