Very hard to tell here, SPX is in a steep downtrend, but I did notice that it is rubbing against the lower supply trendline here, has wicked through and often descending channels can lead to upward impulses.
4H RSI has only been this oversold once this year and obviously a bounce followed.
We'll see. I'm not shorting anything currently, will wait for a bounce whether thats sooner or after a selling climax.
Not advice.
4H RSI has only been this oversold once this year and obviously a bounce followed.
We'll see. I'm not shorting anything currently, will wait for a bounce whether thats sooner or after a selling climax.
Not advice.
Comment:
Gap up coming.
I'm somewhat quiet on TView for now but you can find me pumping content every day in my Telegram Trading Group 🧐
Priority trades, round the clock updates and 4+ hours technical video per month😼.
$50 per month 👍🏻.
Contact: t.me/dRends35
Priority trades, round the clock updates and 4+ hours technical video per month😼.
$50 per month 👍🏻.
Contact: t.me/dRends35
