Get started
S&P 500 Index
Short

SPY QQQ HYG Divergence again

By Black_Sheep1
Updated
I’m not sure if SPX/HYG divergence is reliable moving forward, but this indicator has proven pretty effective last year. We are currently diverging again, last 3 major divergences created pull backs of -17%,-13%, -21%

Any thoughts from my fellow analysts?
Any other divergence indicators you can share with high probability?

Good luck to all
Trade active
Last time we had this divergence the market fell 20%

snapshot
Note
snapshot
Note
snapshot
Trade active
Divergences are playing out. Will SPY Find Support at 20MA or 50MA

snapshot
Note
is SPY going to mirror previous Rally to New Highs? Current Move is same distance as first move.. will retracement go to 50 ma then rally to new highs?
snapshot
Bearish PatternsBeyond Technical AnalysisChart PatternsHYGmarketanalysispullbackQQQrugpullSPDR S&P 500 ETF (SPY) stockmarketcrashTrend Analysis
Black_Sheep1

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.