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S&P 500 Index
Short

S&P500 Futures: Divergence Emerging, Looking For Downside

By LD_Perspectives
The weekly chart sees the price continuing to trade in an upward trend going back to the first week of April 2018. While the price action remains strong, we are starting to see bearish divergence emerge as per the RSI while the MACD is showing (very) early signs of a bearish crossover. Would consider buying PUTS on SPY and VIX Calls. Markets remain very complacent.

Chart PatternsTechnical IndicatorsTrend Analysis
LD_Perspectives

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