[SPX 30M] The Great Selloff... Look at that ROC GTFO!

SPCFD:SPX   S&P 500 Index
ROC not fooled anymore, flipping back to hard sell.

RSI hard sell and downtrend signal right now, RVI drop leading indication for more RSI drop , more divergence the better. RVI called the June 4th RSI support cross fakeout but is under RSI now meaning an RSI support break will likely lead to a stronger downtrend.

MACD cross with plenty of downward space.

ADX looking for a trend change. DPO cross under.

DMI+ cross under ADX .

Overall market still soft buy (TRIN).

Looks like the gap up saved the day!

The market's fate however is sealed.


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