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S&P 500 Index
Long

SPX: Ingredients Are There for a Rally

107
I'll keep it short. As long as SPX holds above the 200W MA, I'm expecting a bounce/rally.

  • Bullish divergence on the RSI
  • Bullish divergence on the Money Flow Index
  • MACD histogram on the weekly starting to flip upward


In addition, my post for the VIX (below) is bearish.

VIX: Double Top + Broken Trend Line
LA_Designer
SPX (S&P 500 Index)S&P 500 (SPX500)Trend Analysis

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SPX (S&P 500 Index)S&P 500 (SPX500)Trend Analysis
LA_Designer

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.