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CptSafety

Another Day of Selling: Using Volatility adjusted RSI

Short
S&P 500 E-mini Futures (CME_MINI:ES1!)  
CptSafety  
CME_MINI:ES1!   S&P 500 E-mini Futures
Trend Analysis Technical Indicators SPDR S&P 500 ETF (SPY) spyshort SPX (S&P 500 Index) sp500short S&P 500 (SPX500)
2
2
trendanalysis indicator spy spyshort spx sp500short spx500
I like this down-sloping resistance and believe this falling wedge is the most likely pattern. The day will start green and maybe even break-through the trendline due to the first of month inflows via mutual funds. However, this will be a false breakout and come back within. The hourly volatility adjusted rsi is overbought. See you down 2% either today or tomorrow.
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