Get started
S&P 500 Index
Short
Updated

SPX 2-Week Rising Wedge Alongside Bearish Divergence

2291
SPX
snapshot
Following on from my previous idea published, this is the SPX chart I referenced towards the end of it
Global Market Indices Topping Out

*I wanted a separate place to publish the SPX chart so I could provide updates & further detail as time goes by
Now with SPX, it's in an ascending wedge with multiple bearish divergences on the 2-weekly chart (best visualization of that).
SPX 2-weekly bullish exhaustion is present with the bearish divergence inside the rising wedge pointing to a severe correction being possible for SPX

Keeping my eye on this one & will post updates when available.
Note
snapshot
4hr pretty major bearish divergence on MacD
Note
12hr chart showing downside potential
snapshot

DXY weekly double bottom
snapshot
Note
Possible Bearish Continuation For Stocks
Possible Bearish Continuation For Stocks
Note
Related charts are scattered throughout this idea:
Aggregate Of My Unpublished Charts
RandomOracle
Also on:
Chart PatternsTechnical IndicatorsTrend Analysis

Related publications

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.
Chart PatternsTechnical IndicatorsTrend Analysis
RandomOracle
Also on:

Related publications

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.