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S&P 500 Index
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Updated

S&P 500 Index Hits New All-Time High, Ready To Drop?

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The S&P 500 Index (SPCFD) hit a new all-time high last week at 3258.1... This is very likely to be the top.

  • Bearish divergence is visible with the MACD and RSI.
  • The bearish close for last week's candle always results in a drop for the SPX. Whenever you get one red candle after multiple green candles, the candle that follows is always a drop, this is what I see coming next.


    • Additional information can be gotten by looking at the daily timeframe where these signals are more pronounced, especially the bearish divergence.

      Let's see how the week starts for the S&P 500 Index (SPX/SPCFD). We are full bearish right now.

      Take a look at Gold (XAUUSD) pretty bold.
      Can Gold Go To $1600 In January 2020 Or Higher? Merry Gold!


      And my latest Bitcoin article below:
      BTC Weekly- EMA10/50 Bearish Cross- Long-Term Target At $48,0000


      Thanks a lot for reading.

      Namaste.
Note
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alanmastersBeyond Technical AnalysisindexTechnical IndicatorsspcfdSPX (S&P 500 Index)S&P 500 (SPX500)StocksTrend AnalysisXAUUSD

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alanmastersBeyond Technical AnalysisindexTechnical IndicatorsspcfdSPX (S&P 500 Index)S&P 500 (SPX500)StocksTrend AnalysisXAUUSD
MasterAnanda
🚨 The difference between weak signals & PREMIUM trade-numbers lies in results. Stand apart from the crowd 👉 t.me/lamatrades/4

💥💥💥80% OFF Discount offer now!
t.me/masteranandatrades/6159

🏆 TOP Results
t.me/anandatrades/1183
Also on:

Related publications

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.