SP500 in a .618 down channel
Follow the red arrow, in a .618 down channel. Price should go up and touch the channel then continue down.
Also, RSI divergence confirms the down trend
Also, RSI divergence confirms the down trend
Disclaimer
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.