markrivest

High Monthly SPX -RSI is Bullish

Long
SP:SPX   S&P 500 Index
Note on the monthly SPX chart every time the monthly RSI hit its maximum bull market high, the SPX was at either a short term or intermediate peak.
The shortest time between max RSI and major SPX peak was 5 months - from May 2007 to Oct 2007.
This implies at the very least the SPX bull market could continue until June 2018.


Mark

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