1 Day chart.
Bearish divergence showing up on the MACD histogram and wave trend.
Bearish divergence possibly forming on RVGI.
All the oscillators I like are showing the SPX is overbought (especially Slow Stochastic, which is used to show overbought/oversold) and is likely due for a pullback.
Price historically reverses when RSI gets this high.
Bearish divergence showing up on the MACD histogram and wave trend.
Bearish divergence possibly forming on RVGI.
All the oscillators I like are showing the SPX is overbought (especially Slow Stochastic, which is used to show overbought/oversold) and is likely due for a pullback.
Price historically reverses when RSI gets this high.
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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.