Get started
maxwayne23

SPX500 about to breakout of wedge !? Looking at RSI and VOL

Long
maxwayne23  
CURRENCYCOM:US500   None
Trend Analysis Chart Patterns Technical Indicators S&P 500 (SPX500) wedgebreakout
0
0
trendanalysis chartpattern indicator spx500 wedgebreakout
SPX is right now about to break the Resistance of its falling broadening wedge.
We have solid support underneath.
Printed bullish divergence on RSI 4h
And for the first time since dumping we see buying Volume coming in.
Also divergence on Volume turning around (wyckoff style) moderate Volume easily drives price up

Related Ideas

maxwayne23
SPX500 V shaped Recovery - Major Resistance above
maxwayne23
SPX500 double bottom and bullish Divergence
maxwayne23
SNP500 / WM2NS On its way to recover the 2000 ATH
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.