Triple Top in SPX, Divergent RSI
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!
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!
Trade closed: stop reached
LOL
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Related publications
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.