S&P 500 Index
Short
Updated

S&P 500 forming a top ahead of lower interest rates

205
The S&P 500 shows a broadening formation. On the weekly chart we see huge negative divergence on the RSI(14) indicator. A major correction is coming up...
Note
We fell down quite a bit. Waiting for the next move down...

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.