From TradingView · · 30s
SOXX Downtrend Continues
SOXX index shows signs of continued decline after breaking key trendline.
In brief
SOXX index shows signs of continued decline after breaking key trendline. SOXX index is in a downtrend with price testing 200-day SMA and positive RSI divergence. Originally reported by TradingView.
SOXX Downtrend
SOXX is in a downtrend for NASDAQ:SOXX by Supergalactic.
Trendline Broken
The major trendline is broken but price is testing 200 day sma.
RSI Divergence
Positive daily divergence on rsi indicator with double positive divergence.
The key point
SOXX index is in a downtrend with price testing 200-day SMA and positive RSI divergence.
