Let's take a quick look now, feel free to hit like...
- Here we will focus more on 2019 and leave 2018 behind. We marked the all-time high price with a brown dashed line.
- The main signals I want to point out are the decreasing and divergence.
- The reached a peak on the 20th February, while the SPX reached a peak price on the 23 April, this is marked with a purple arrow on the chart. So you can clearly see the moving down strong while the price is moving up.
Here is the chart:
This is a continuation for our main weekly analysis which can be read here:
Thanks a lot for reading.