SPX has a good chance to grow the upcoming week. Btw, no investment advice here, only my personal thoughts. So, I took this lens from Linda B. RASCHKE, she shared it during her webinar or video interview, do it is open to genetal public.
The chart is showing three SMAs, smooth the Up Volume and Down Volume.
The idea is to catch a divergence on the 10 day SMA vs SPX, or the extreems of 20 day SMA.
Based on a current status of 20 SMA, it made an extreem move down , then a tiny doubled bottom and turned up
Conclusion: theoretically the
SPX may run upLet's see.
Stay profitable
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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.