SPX Parallel Channel Update #2; Monthly Price Action

OANDA:SPX500USD   S&P 500 Index
I posted a chart on the SPX back in April that showed that is was in a monthly price channel and nearing the top. Today i noticed that we hit the top of said channel.

The RSI is showing divergence and the MACD may look to cross downwards soon.

I think that we will be seeing a bit of red in the next couple of weeks.

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