The SPX has rallied to short - term resitance at the .618 Fibonacci retracement of the 12/13/22 to 12/22/22 decline.
Both 15- minute RSI and MACD have bearish divergences.
There's a good chance the U.S - CPI report due out on 1/12/23 could trigger a multi - day decline.
Mark
Both 15- minute RSI and MACD have bearish divergences.
There's a good chance the U.S - CPI report due out on 1/12/23 could trigger a multi - day decline.
Mark