The SP500 printed a clear lower high on the H4 that was marked by multiple tings.
1. Runner Bot - TOP Signal Printed
2. Main Indicator - Candle Color Rotation showing Bulls losing strength.
3. Automated Pivots - Resistance was printed with a Pivot Order Block that started at $4,114. Price failed to break through this or even challenge it.
4. RSI "X" Markers - Price Action failed to print any RSI Resistance. This Indicates momentum dieing and the trend switching over from bullish to bearish.
Best of luck, happy trading and let us know if you have any questions!
1. Runner Bot - TOP Signal Printed
2. Main Indicator - Candle Color Rotation showing Bulls losing strength.
3. Automated Pivots - Resistance was printed with a Pivot Order Block that started at $4,114. Price failed to break through this or even challenge it.
4. RSI "X" Markers - Price Action failed to print any RSI Resistance. This Indicates momentum dieing and the trend switching over from bullish to bearish.
Best of luck, happy trading and let us know if you have any questions!