S&P/ASX 200 IndexShort
ASX - Trouble ahead
Blue arrow = Double top
Red arrow = negative divergence
Green arrow = bounce from RSI
Things are starting to look dangerous here. We might get a bounce up to the descending RSI, but overall it is looking fragile. Won't short it until it breaks to the downside of the red horizontal channel
Red arrow = negative divergence
Green arrow = bounce from RSI
Things are starting to look dangerous here. We might get a bounce up to the descending RSI, but overall it is looking fragile. Won't short it until it breaks to the downside of the red horizontal channel
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