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antrap77
Nov 18, 2020 10:21 AM

SPX Light Traffic Short

S&P 500SP

Description

Green Light: increasing tops on SPX, great strength on RSI, bulls all the way to the top. Go!
Yellow Light: increasing tops on SPX, decreasing strength on RSI. Complete the crossing or stop!
Red Area: Stop

On top of this: take a look at the major trendline...rejection is close

Same pattern repeating?

Cheers
Comments
dtpurple
Very nice
ProfitHarvest
Nice spot, I got RSI bouncing back down off the 2Y Down channel too (orange)...
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