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S&P 500 Index

spx >2020 sets up bull trap. gartley 2080 and RSI now in focus

132
5-0 structure ive mentioned and shown is now invalid.
Price is now trading > 61 retrace of 5/15 ath-8/24low, which should sucker bulls into the "data dependent" slaughter.
note RSI dates tagged with green vertical lines.
CajunXChange
EquityGartleyRelative Strength Index (RSI)risk-appetiteSPX (S&P 500 Index)SPDR S&P 500 ETF (SPY)

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EquityGartleyRelative Strength Index (RSI)risk-appetiteSPX (S&P 500 Index)SPDR S&P 500 ETF (SPY)
CajunXChange

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.