ProfitHarvest

[SPX] RSI Notes: 1W Lookin Pretty Bearish

Short
SPCFD:SPX   S&P 500 Index
RSI Notes:
Light blue is a bearish diverg
Yellow a bearish confirm
Orange is a 2Y downtrend channel
Dotted lines major 1D S/R

VPT crossing sell off signal at the 1D, still aligning for week of 26th.

Key to watch for is break below 5 SMA , that should take us to the 21 SMA and there we'll either bounce or more probably crash through down to around the 89 SMA again.

Comments

Thanks for the great insights and guidance
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