cryptoonchain

Renko Analysis: MACD bearish Crossover

SP:SPX   S&P 500 Index
Although we have seen rapid growth in SPX over the past few days, this is not a confirmed reason for an uptrend. Although this may indicate a potential spring, SPX must break the swing area to confirm it. In Renko analysis, we see a bearish crossover of MACD and also the breakdown of the RSI support line

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.