What goes up, must come down. It's science.
The only thing getting in the way of this movement is the fed. You don't run up 25% without correcting.
RSI divergence is apparent and RSI is overbought. MACD is signaling sell.
SPY is also at the top of its bollinger band.
RSI divergence is apparent and RSI is overbought. MACD is signaling sell.
SPY is also at the top of its bollinger band.
Note
J POW POW STRIKES AGAIN!
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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.