S&P500 - SPX
• Reached the target price of the flag formation which was build up in June for the second time.
• Index broke through the upward trendline
• Looks like that the Index is moving sideways under the top from September 2nd
• In the weekly chart the RSI is showing a negative divergence which could be a game changer
• Index broke through the upward trendline
• Looks like that the Index is moving sideways under the top from September 2nd
• In the weekly chart the RSI is showing a negative divergence which could be a game changer
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.