On monthly timeframe, a RSI divergence has formed on the S&P 500, currently trading at 6044, signaling a potential reversal.
Similarly, to name only a few, NASDAQ, Tesla, Bitcoin, NVIDIA, and Apple are exhibiting the same bearish divergence. Is a healing correction imminent?
Will it happen this year or will the market delay the inevitable until next year ?
Similarly, to name only a few, NASDAQ, Tesla, Bitcoin, NVIDIA, and Apple are exhibiting the same bearish divergence. Is a healing correction imminent?
Will it happen this year or will the market delay the inevitable until next year ?
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divergence un play, correction was overdue, Trump's tariffs just burst the existing bubbleDisclaimer
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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.