S&P 500 IndexShort
S&P500 Weekly - Toppy Situation
Divergence between price and the RSI oscillator, and between price and the MACD oscillator indicate that the current situation going into 2025 is a toppy one. One might consider watching these oscillators and being on the lookout for a shorting opportunity or a bullish resolution of the divergence (less likely) through Q1.
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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.