Comments on: Stock Market & Sector Technical Analysis for 10-16-17 https://rightsideofthechart.com/stock-market-sector-technical-analysis-10-16-17/ Stock Trading, Investing & Market Analysis Mon, 20 Aug 2018 18:17:37 +0000 hourly 1 https://wordpress.org/?v=6.9.4 By: rsotc https://rightsideofthechart.com/stock-market-sector-technical-analysis-10-16-17/#comment-3848 Mon, 16 Oct 2017 16:46:38 +0000 https://rightsideofthechart.com/?p=184190#comment-3848 In reply to GetItRiight.

Nice spot, I didn’t catch that one. I just added that uptrend line off the Aug lows & so far, the rejection following the backtest earlier today was impulsive. XBI has minor support around 86.60 so watching to see if it holds above or breaks below that level. Thx for pointing out the TL backtest.

]]> By: GetItRiight https://rightsideofthechart.com/stock-market-sector-technical-analysis-10-16-17/#comment-3847 Mon, 16 Oct 2017 16:24:06 +0000 https://rightsideofthechart.com/?p=184190#comment-3847 Randy, to me it looks like XBI back tested the trend line connecting the Aug 18 and Sep 26 lows, which it broke recently.

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