SPY peaked? If not very soon it will.
Getting into SPXS and TVIX beacuse,
1. Trend line touched the peak.
2. RSI is overbrought
3. Overall volume is below average
May be not ready yet because,
1. Negative divergence is cancelled on daily
2. MACD histogram printed green
3. Bull volume increasing in last 4-5 days
Only 1 indicator that is needed is high bear volume and a single bearish engulfing candle
1. Trend line touched the peak.
2. RSI is overbrought
3. Overall volume is below average
May be not ready yet because,
1. Negative divergence is cancelled on daily
2. MACD histogram printed green
3. Bull volume increasing in last 4-5 days
Only 1 indicator that is needed is high bear volume and a single bearish engulfing candle
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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.
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.