Anton_curatola

spx bullish divergence

Long
Anton_curatola Updated   
SP:SPX   S&P 500 Index
To all the chartists who follow me: how good is this divergence?*

p.s. RSI is 14 days.

*Market is clearly accumulating and price action is drawing a not so clear bullish flag pattern.
Comment:
Divergence still intact, while accumulation range is giving reasons to the Bears.
Next week is: Hitting Feb. low going back to resistance and Tests and this would be the best scenario for Bulls.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.