Opening Call - 09/15/22 - Bullish

S&P 500SP

Description

⋅ Sep 15, 2022 1:09 PM

On 09/14/22 the SPX made a new decline low with a bullish RSI divergence vs. the 09/13/22 bottom.
Also the hourly RSI had a bullish crossover of its moving average line.
These bullish factors imply at least a multi-hour rally.

Technical Indicators

Comments

SwallowPremium

⋅ Sep 16, 2022 1:41 PM

Nice chart, thank you!!

DaddySawbucks

⋅ Sep 16, 2022 1:11 AM

sorry Mark more disappointment cooking AH. you called that rally last week a bit early but it did arrive only to be crushed. going lower imo