Yesterday's bullishness in the DAX & Nikkei has drastically increased the probability of the green count in SPX.
We can see a RSI 2H bearish divergence in SPX (not the case for the DAX which is making higher highs, confirming a W3 in play).
Usually, the S&P 500 leads other indices.
The red count displays a double top.
The orange count shows an impulse with an extended 5th (but the third doesn't have the right look).
We can see a RSI 2H bearish divergence in SPX (not the case for the DAX which is making higher highs, confirming a W3 in play).
Usually, the S&P 500 leads other indices.
The red count displays a double top.
The orange count shows an impulse with an extended 5th (but the third doesn't have the right look).
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.
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.