jmw080
Short

SPX Bearish Divergence

FX:SPX500   S&P 500 index of US listed shares
42 0 0
There is bearish divergence on both the RSI and MACD when compared to increasing price.

Also the UO is fairly low for this push towards the all time high.

If you look at the monthly SPX             you will see a MACD cross over to the down side.

On top of that the RSI and UO are overbought and have been for a while. These are the same levels they reached in both 2001 and 2008.

Lastly if you refer to my VIX             chart, you can see some consolidation for a push higher.
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out