S&P 500 IndexShort
...exaustion on RSI indicator
if you pay attention on the RSI behavior, this past 3 months, it is notable that we are in an exhaustion phase for SPX... the previous two times, when RSI was reaching overbot territory, we have seen a significant short term retracement....
we currently have a setup to potentially repeat this market action...
good luck!
we currently have a setup to potentially repeat this market action...
good luck!
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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.
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.