Guggenheim Solar ETF $TAN has been bullish since the start of 2017 after coming up from a 2016 low around 16.50. It recently tagged 26.70 before retreating. The daily chart below shows that price has fallen below a rising trendline and is now on the 100-day simple moving average (SMA). TAN Daily Chart(click to enlarge)Bearish Correction:- The bearish breakout opens up a bearish correction scenario towards the 22.80-23 area.- I think the overall trend is still bullish, so we should anticipate support as price approaches this support/resistance pivot area. - Furthermore, the RSI is dipping below 30, and reflects an oversold market. But if the entire market is bearish, we can see this extend a bit more, EVEN if TAN is still bullish.- Look for a bullish divergence between price and the RSI. It could be a signal that TAN is ready for bullish continuation.- A break below 22 would not look good for the bullish scenario.