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$RIFIN broke down. Fibonacci retracement targets are on the chart.
- 50MA acting as support at the moment
- 20MA turning down
- Stochastics and MACD going negative
Most of the time FAS and FAZ are up/down the same percentage. But every once in awhile they go off track, don’t know if it’s intentional or what.
Today is one of those days. (FAZ: 19.06 -1.85%) is up rought 1% less than (FAS: 44.23 +1.94%) is down. They may even out at the end of the day, but from what I’ve seen before, this will not be corrected.
I suppose it could be because of the afterhours or premarket action, but not sure.
(XLF: 23.59 +0.77%)
Clean breakout on higher volume…