Short SPX Intermediate/Long Term
RSI under 70 and drifting lower
MACD trending negative, and appearing topped out
LT Trend line from 09 broken
00 and 08 bubbles looked very similar in these 3 regards.
on the fundamentals front- china devaluation, removal of qe & 0% rates from the fed, energy and commodities crash, etc.
MACD trending negative, and appearing topped out
LT Trend line from 09 broken
00 and 08 bubbles looked very similar in these 3 regards.
on the fundamentals front- china devaluation, removal of qe & 0% rates from the fed, energy and commodities crash, etc.
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