The SPX is chilling in its falling channel, which at this point is still bearish. However, the last low was formed on a bullish divergence on the weekly rsi. As we can see on this chart, using Fetch Trends, an indicator made by me, we can also see that by the change of colors that the downtrend is becoming weak! This is good news, because if the trend...
SPXS potential breakout to upside as macro conditions worsen. Peak expected in early February.
Hello there all, Here's the SPX analysis outlook potential direction. Please do let me know if you are seeing what I'm seeing or have a different perspective on it, I would love to see your analysis. Please do drop the chart link below in the comment section. This is not financial a advice. 🙂 Thanks all.