S&P 500 IndexLong
SPX - end of correction, continuation of uptrend
SPX is deeply oversold, only 10% of all stocks being above 50 dMA, and sitting right on 200 dMA (not shown).
At the same time it is breaking a down trend line, and showing mometum divergence against both RSI and MACD.
At the same time it is breaking a down trend line, and showing mometum divergence against both RSI and MACD.
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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.