SPX - Headfake of the Year

By ValkyrieBlue
1. Each price move of the pennant has taken approximately the same amount of time.
2. Volume has been trending inverse to price for almost 2 months.
3. RSI is still nowhere near the September high, even with the price at a new record.

Disclaimer: This is my opinion. This is not advice. Trading involves risk.
headfakeOscillatorsPennantROCshortSPX (S&P 500 Index)Volume

Related publications

Disclaimer