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DSltz
Nov 4, 2019 12:28 PM

SPX has a RED FLAG everyone should notice 

SP:SPX1M
S&P 500SP

Description

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We are creating higher highs but the RSI is creating lower lows. Big RED flag
Trend Analysis
Comments
MICHAELGILCHRIST
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Most of the gains happen in the after hours market with low volume....all kinds of trickery is played then
merkd1904
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The fed has been washing out almost all technicals.
oe123
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Yes and last three days have been on weaker volume.
primozcrypto
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What this mean in reality? As i am begginer... thank you for explanation
MICHAELGILCHRIST
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@primozcrypto,

'A bearish divergence occurs when prices continue to form higher highs (typical in a bull market) while your oscillator (in this case an RSI) is forming significantly lower highs (indicating weakness in the trend.)'

learningmarkets.com/how-to-trade-bullish-and-bearish-technical-divergences/
VCOSTA5
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@MICHAELGILCHRIST, the divergencia occurs when market price is making higher LOWS and RSI values are meking lower LOWS. Pay attention to the lows, never the highs
jwbatchelor89
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@vicentcosta, from the article:

Bullish Divergence:
"In the case of a bullish divergence, the signal occurs when the indicator is making HIGHER lows (becoming less bearish) while the price action itself is establishing LOWER lows."

Bearish Divergence:
"A bearish divergence occurs when prices continue to form higher highs (typical in a bull market) while your oscillator (in this case an RSI) is forming significantly lower highs (indicating weakness in the trend.)"
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