S&P 500 IndexShort
[SPX] RSI Notes: 1W Lookin Pretty Bearish
RSI Notes:
Light blue is a bearish diverg
Yellow a bearish confirm
Orange is a 2Y downtrend channel
Dotted lines major 1D S/R
VPT crossing sell off signal at the 1D, still aligning for week of 26th.
Key to watch for is break below 5 SMA, that should take us to the 21 SMA and there we'll either bounce or more probably crash through down to around the 89 SMA again.
Light blue is a bearish diverg
Yellow a bearish confirm
Orange is a 2Y downtrend channel
Dotted lines major 1D S/R
VPT crossing sell off signal at the 1D, still aligning for week of 26th.
Key to watch for is break below 5 SMA, that should take us to the 21 SMA and there we'll either bounce or more probably crash through down to around the 89 SMA again.
Data analyst with a passion for best fit lines B)
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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.
Data analyst with a passion for best fit lines B)
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.