Just posting to keep track of this Bearish RSI divergence on the DOW and SP500. Not financial advice.
Bearish Divergence: When price makes a higher high, yet RSI makes a lower HIGH.
Bullish Divergence: When price makes a lower low, yet RSI makes a higher LOW.
Bearish Divergence: When price makes a higher high, yet RSI makes a lower HIGH.
Bullish Divergence: When price makes a lower low, yet RSI makes a higher LOW.
Note
Note
Note
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.