NKE daily chart suggests further downside; relative strength is insufficient to generate buying interest.

also seeing Nike. Someone else mentioned Nike. Nike's up 1.4%. Relative strength on the weakness that we're seeing here today.

Uh okay, Fractal wants to take a look at Nike. Now, that was actually interesting because Nike had some relative strength earlier when the market was weak. Nike is actually still holding higher here by about a percent.

This is not enough to get me to interest me in Nike. Um but notable that it is a little bit stronger here than the rest of the market. To me, it looks like this chart on the daily not done yet going lower.