A quick look at SPY
The daily has lost RSI>69.1, always a mover in prices as each time we cross a Fib# in the
RSI, we see a major move in prices, confirmation of -ve divergence is still needed for a sell.
With > two weeks above RSI 69.1 on the daily, we usually see an attempt at a new high
to follow, we shall see....
RSI, we see a major move in prices, confirmation of -ve divergence is still needed for a sell.
With > two weeks above RSI 69.1 on the daily, we usually see an attempt at a new high
to follow, we shall see....
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