TimZhang

$SPY - on the daily chart, RSI has already broken the downtrend

FX:SPX500   S&P 500 Index
159 3 5
a price breakout of 2100 is also expected.
be careful of the RSI breaking a downtrend... it did that right before the last two times it tanked.
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I noticed, this time is different, first time monthly/weekly RSI broke as well. Not just the daily, see my monthly and weekly charts.
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Thanks TZ very interesting to mention monthly/weekly as well.
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