SPYSPXDJINDX The selling is allowing more buying..big buying.. prepare for more volatility and shakeouts. S&P wants 3000+
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4hr
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hidden bear divergence puts prices lower from here.. might be a quick drop. But looks like we may have a better test of the upper TL resistance before the larger drop:
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my april 27 update appears wrong. Go back to April 25.. that appears to be the case:
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tricksy false, sneaky
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spx room for bear divergence 4hr
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puzzled I am.. one might conclude SPY is breaking out.. I still hold to the belief that the market goes higher this year.. I believe we'll see new highs but my attention is drawn to this chart:
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