S&P 500 IndexLong
SPX500 - Bullish Clues
SPX500
More whipsaw as markets open, but this time it is bullish.
Overall it looks like volatility is decreasing without anything too dangerous printing.
Notice that a slightly lower low has printed and there is bullish RSI divergence between the lows.
This is a little bullish Wyckoff clue.
And so it is still a more dangerous area than elsewhere in the chart due to the long term 1.618.
But if this is stabilising then this is an area for dip buying stocks that are completing corrections or simply buying the index 🧐.
Not advice
More whipsaw as markets open, but this time it is bullish.
Overall it looks like volatility is decreasing without anything too dangerous printing.
Notice that a slightly lower low has printed and there is bullish RSI divergence between the lows.
This is a little bullish Wyckoff clue.
And so it is still a more dangerous area than elsewhere in the chart due to the long term 1.618.
But if this is stabilising then this is an area for dip buying stocks that are completing corrections or simply buying the index 🧐.
Not advice
Your FA guru can't read a chart💭
I run a technical group with lots of content every day + regular videos, 1:1, chatroom 🚀.
Better than all the rest? My record speaks for itself 💡.
Telegram Group: $50 per month✨.
Contact: t.me/dRends35
I run a technical group with lots of content every day + regular videos, 1:1, chatroom 🚀.
Better than all the rest? My record speaks for itself 💡.
Telegram Group: $50 per month✨.
Contact: t.me/dRends35
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.
Your FA guru can't read a chart💭
I run a technical group with lots of content every day + regular videos, 1:1, chatroom 🚀.
Better than all the rest? My record speaks for itself 💡.
Telegram Group: $50 per month✨.
Contact: t.me/dRends35
I run a technical group with lots of content every day + regular videos, 1:1, chatroom 🚀.
Better than all the rest? My record speaks for itself 💡.
Telegram Group: $50 per month✨.
Contact: t.me/dRends35
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.