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Divergence on SPY - looking for trend reversal
SPDR S&P 500 ETF TRUST
Long
Divergence on SPY - looking for trend reversal
By Jicka
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Oct 29, 2018
1
Oct 29, 2018
Looking for a classic setup here for trend reversal with a bullish divergence on the RSI in conjunction with declining volume.
The same pattern marked the reversal for the lows in February and were followed with a sharp rise.
Chart Patterns
Technical Indicators
Trend Analysis
Jicka
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