Hi Guys!
As we see on this 4 H chart of SPX, some bearish indicators are showing their signs.
I see weakness at these levels as the MACD just started to roll over after this huge rally from the temporary bottom. I guess this week will be bearish in total. Monday seems to kind of neutral now.
There might be some news coming out again for the attempt to save SPX and other indexes from falling.
RSI looks week and turned to the downside. Let us watch carefully some violent moves, which might occur on this trading day.
Let's see...
Happy and safe trading!
*This is not financial advice, this is only an idea. Do your own research and act on your responsibility.
As we see on this 4 H chart of SPX, some bearish indicators are showing their signs.
I see weakness at these levels as the MACD just started to roll over after this huge rally from the temporary bottom. I guess this week will be bearish in total. Monday seems to kind of neutral now.
There might be some news coming out again for the attempt to save SPX and other indexes from falling.
RSI looks week and turned to the downside. Let us watch carefully some violent moves, which might occur on this trading day.
Let's see...
Happy and safe trading!
*This is not financial advice, this is only an idea. Do your own research and act on your responsibility.