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jwbatchelor89

SPX DIVERGENCE W/ RSI 1 HR

Short
S&P 500 Index (SP:SPX)  
jwbatchelor89  
SP:SPX   S&P 500 Index
Harmonic Patterns Trend Analysis Technical Indicators Relative Strength Index (RSI) Bearish Patterns dead SPDR S&P 500 ETF (SPY) SPX (S&P 500 Index) tendies
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harmonicpatterns trendanalysis indicator relativestrengthindex bearish dead spy spx tendies
Notice a lower high and a divergence on the SPX hourly chart. I've been watching the RSI for a while now and have noticed this pattern forming for weeks.

Watch for another touch of the upper resistance on the RSI trend line and then back down making a new low.

Should see 2720 for a bounce.
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