Now that SPX has made a lower low today, we have another confirmation that the rally from October has been completed. It was an extended 5th wave, as noted with the 3rd wave having the highest RSI reading, followed by a sucession of 4 bearish divergences in RSI.
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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.