Bearish weekly set up
SPY and other indices, weekly and daily charts have -ve divergence in the RSI and under 69.1 as they test the highs, RUT has a stronger sell set up as
it is stalling at RSI 61.8 on its weekly chart which is very strong sell signal, MACD's also showing -ve divergence.
it is stalling at RSI 61.8 on its weekly chart which is very strong sell signal, MACD's also showing -ve divergence.
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.