pipstrading

S&P500, breakout of expanding triangle

FX:SPX500   S&P 500 index of US listed shares
189 2 8
I have been holding a very bearish view on S&P 500             .
However, today's breakout of the expanding triangle is quite bullish . Let's see how the market react these 2 days.

RSI still have divergence. Oil             is still dropping. holding bearish view on this index for now.
bdbbuddy19 PRO
4 months ago
breakout was on weak volume. Thoughts?
Reply
pipstrading bdbbuddy19
4 months ago
yes. break with decreasing volume. but still have not seen any reversal signal yet. Today will be critical.
Reply
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