SPY - 4-Hour

- Bearish butterfly harmonic pattern formed
- Death Cross as the 200-Day SMA crossed below the 50-Day SMA
- Price action was being driven by volume as pictured on the RSI
- RSI was hovering in overbought territory accompanied by some slight hidden bearish divergence (Not Pictured)

Bearish PatternsChart PatternsharmonicbutterflyTechnical IndicatorsS&P 500 (SPX500)SPDR S&P 500 ETF (SPY) Trend Analysis

Also on:

Disclaimer