The S&P 500 Index (SPX) is trading within a classic/textbook rising wedge... A bearish pattern.
As a bearish pattern, this rising wedge is supported by bearish divergence on the MACD and RSI.
Be ready as prices can easily drop.
Namaste.
As a bearish pattern, this rising wedge is supported by bearish divergence on the MACD and RSI.
Be ready as prices can easily drop.
Namaste.
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🚨 The difference between poor weak signals & PREMIUM trade-numbers lies in results. Stand apart from the crowd. #1 Since 2017. Join now 👉 t.me/lamatrades/4
🎯 LIFETIME Results: t.me/anandatrades/1183
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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.