SPX - end of correction, continuation of uptrend
SPX is deeply oversold, only 10% of all stocks being above 50 dMA, and sitting right on 200 dMA (not shown).
At the same time it is breaking a down trend line, and showing mometum divergence against both RSI and MACD.
At the same time it is breaking a down trend line, and showing mometum divergence against both RSI and MACD.
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