SPCFD:SPX   S&P 500 Index
#S&P500 cautious!
- Now it has gone too far.
- In order for the SPX uptrend to be sustainable, 2 correction cases should occur.
+ Case 1. Back to the MA50 green line, the yellow support line confluence.
+ Case 2. Back to the MA200 red line, the yellow support line confluence.
#S&P500: time frame weekly, cautiously with 2 candlesticks on the top , The RSI is in the overbought zone, the increase is not much.
#S&P500: time frame daily, a sign of a bearish divergence?


The secror rotation phenomenon is supporting the index
I think index correction will happen quickly!
Its casino, I think it should at least retest 4030-4040 but instead we see yields we see this going only up, everyone just dip buying.

Not trading anymore, just casino.
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