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Triple Top in SPX, Divergent RSI
S&P 500 Index
Short
Triple Top in SPX, Divergent RSI
By DaddySawbucks
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Updated
Nov 9, 2020
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Nov 5, 2020
Bearish IMO, moving back down soon. Might still get higher Friday; or risk-off EOW, who knows?!
42D cRSI shows the divergence pattern. Rising on weaker price action. Rally likely end at resistance around 3500.
Could pump & dump Friday, be ready; on 5 Nov (Guy Fawkes') DJI trades below its 4 Nov peak at 28500; this is a tech rally.
Trade at your own risk, this isn't advice; GLTA!
Nov 9, 2020
Trade closed: stop reached
LOL
Chart Patterns
rsi_divergence
tripletop
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