While the Russel 2000 struggles to gain traction, SPX is making a run at record highs in spite of its down day today. Divergence suggests either Russel 2000 will charge back up or SPX needs to come back down. Kind of the same story with SPX and oil as well. Troubling or opportunity?
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.