S&P 500 IndexLong
Long Term S&P 500 Bull Market Still in Play
I ported my Liberated Stock Trader - Crash Detector System over to TradingView. Pine Script is great. This chart shows 12 years with weekly bars. Note how the system (red dots along the bottom) predicted the major 2007 crash. Green dots along the bottom indicate strong bull market. The Shock signal suggests increasing volatility and potentially stormy weather ahead. We certainly had a few shocks recently, but overall market is looking good. The only storm cloud I see is a strong negative divergence with RSI. While the market is making new highs the RSI indicator shows a very strong divergence, meaning the current rally could be short lived.
Barry D. Moore CFTe Financial Technician
12 Proven Winning Chart Patterns
liberatedstocktrader.com/chart-patterns-reliable-profitable/
MOSES Beat The Market with TradingView:
liberatedstocktrader.com/moses
12 Proven Winning Chart Patterns
liberatedstocktrader.com/chart-patterns-reliable-profitable/
MOSES Beat The Market with TradingView:
liberatedstocktrader.com/moses
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.
Barry D. Moore CFTe Financial Technician
12 Proven Winning Chart Patterns
liberatedstocktrader.com/chart-patterns-reliable-profitable/
MOSES Beat The Market with TradingView:
liberatedstocktrader.com/moses
12 Proven Winning Chart Patterns
liberatedstocktrader.com/chart-patterns-reliable-profitable/
MOSES Beat The Market with TradingView:
liberatedstocktrader.com/moses
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.