SPX500 Diverging - Possible BIG SHORT
Updated
SPX500 have been trading within a compressing bullish channel and almost reached the top of this channel. So far on the higher time frames Price is showing divergence signs, volume getting squeezed along with momentum weakness.
Pretty good evidence here so I am looking to short this market once it tests the top. Keep watching this market yourself as well.
Trade Safe!
Good Luck.
Pretty good evidence here so I am looking to short this market once it tests the top. Keep watching this market yourself as well.
Trade Safe!
Good Luck.
Trade active
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.