rv
Long

S&P500 Daily. Bounce potential.

rv  
FX:SPX500   S&P 500 index of US listed shares
1020 3 9
After an Evening Star bearish reversal, price is reaching
long term uptrend_line levels ( 2013 ). Capitulation selling, before FED ECB, NFP possible.
End of week/month possible turning point.
VIX             (weekly) at 200 sma levels.
VXV/VIX oversold, at turning points levels. slight divergence recorded.
RSI reaching oversold levels.
Good risk/reward ratio.

Breaking this level, support could be found at 1900 low ( 200 sma )

target_1 : 1975 high ( 50 sma )
target _2 : 1990 ( 61.8% )
Futuraman PRO
2 years ago
Nice study. How did you get VXV as bars on your lower. All I can get is the usual line/histogram, etc.?
Reply
rv Futuraman
2 years ago
Thanks Gary7. Compare or Add Symbol / uncheck overlay the main chart.
Reply
Futuraman PRO
2 years ago
Sweet. Thank you very much. A great way to add a nice bit of information without having to split a chart.
Reply
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