Get started
samitrading

SPX's RSI with out bias or emotions, just this indicator.

S&P 500 Index (SP:SPX)  
samitrading Updated   
SP:SPX   S&P 500 Index
Trend Analysis Chart Patterns Technical Indicators SPX (S&P 500 Index) sp50 Divergence higherhigh Coronavirus (COVID-19) consolidation
7
2
trendanalysis chartpattern indicator spx sp50 divergence higherhigh coronavirus consolidation
Everything is possible, but with all else equal we could be going up. RSI has been consolidating for over 65 days for a major move up/down. The only thing is kind of scary

right now is Covid -19 or lock downs to fight it. With out these two points it could be for the Bulls to get control here. It sounds unreasonable with overbought indicators and

over valued fundamentals but we could be still in wave 3 Elliott wave or this is a Bulls trap and we crash : -).

wish you the best.
Comment:
Trend is holding it it breaks a support or have lower high or lower bottom. So far

we are in up trend nothing is broken to date.
Comment:
This played well.
I do more in depth studies of stocks on my twitter account. Hope you would enjoy it there as you are enjoying it here.

****** Past performance is no guarantee of future results***


twitter.com/samitrading1
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.