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Johnkiew
May 23, 2019 9:44 AM

S&P 500 Divergence 

CME_MINI:ES1!1M
E-mini S&P 500 FuturesCME

Description

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RSI Divergence seen in S&P 500 monthly chart. Should the technical signal indicate a bearish trend incoming?

In addition, S&P 500 and RSI have breakdown from long term trendline since December 2018.
Trend Analysissp500index
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