SP:SPX   S&P 500 Index
1
Pick your indicator, ADX, RSI, or Ultimate Oscillator all point to the divergences we are all seeing. I am cautious with longs now as the market has to get more powerful buyers and more inflows to push us higher. This is also being brought out by the violent whipsaws inter-day.

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.