After a few good green days the market is not close to oversold anymore and might be ready to keep going south. Will see after today's job report.
AMEX:SPY Weekly candles show price near strong support 61.8% Fibo and RSI close to oversold 30.24. Daily candles show divergence between price and RSI also close to oversold.
APPL seems to be close to resistance level for the 3rd time since 09/02/2021. Do you think it will break through or will be rejected?