S&P 500 Simply Trend Analysis

SPCFD:SPX   S&P 500 Index
S&P 500 Simply Trend Analysis

It touched twice around 2950, so that the 2900 is now strong resistance line.
RSI and MACD shows bearish divergence now, so it might need some more correction time to get its direction.
Last week, there was strong candle which is compatible with the candle 2 weeks ago, so we need to see that it can break the short downtrend.
However, we can enter when the trend of RSI is broken and get another support line clearly.
Thank you.
Great setup following you now! About to post a trade aswell, have a look on my profile and let me know about it buddy :)
Chartleader DACapitalTrading
@DACapitalTrading, Thank you for your comment, and I will follow your post as well.
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