Potential top in SP500
Updated
(My previous published chart was hard to see. Here I fix that).
Analysis based on:
-Fibonacci retracements and time zones
-Divergence in RSI and MACD
-Wedging trend
-Possible cross of 20 MA under 40 MA
-Macro instability
Potential top in May and subsequent correction. Maybe the great expected one?
Analysis based on:
-Fibonacci retracements and time zones
-Divergence in RSI and MACD
-Wedging trend
-Possible cross of 20 MA under 40 MA
-Macro instability
Potential top in May and subsequent correction. Maybe the great expected one?
Trade active
We are close to a triple top. Then, the abyss.
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