alanmasters

S&P 500 Index New All-Time High (Weakness Continues To Build Up)

OANDA:SPX500USD   S&P 500 Index
The S&P 500 Index ( SPX500USD ) has reached a new all-time high while weakness signals continue to pop up all over the place.

The MACD continues descending and going lower:
Bearish divergence is now showing on the RSI from the 23rd to the 29th April, marked with a blue arrow...
How much longer can this go?

Let us know in the comments section below!

We are still expecting for this index to drop according to the signals just mentioned.

Thanks a lot for reading.

This is Alan Masters.

Namaste.
Comment: Apple Inc (AAPL)
Comment: Is this it? Only time will tell:
Comment: Latest update:
Comment: More updates:

DJI


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Related Ideas

Alan,
I'm a fan of your work. Please keep posting on SPX. Thanks!
+2 Reply
@mpulley, Will do... Thanks a lot for the support.
+1 Reply
my prespective
+1 Reply
alanmasters houstyle123
@houstyle123, Thanks for sharing.
Reply
I used ABCD triangles and showed the same. 2630 is a 10% retracement from ATH. Looking for babies in the bathwater, then BTFD at that level.
+1 Reply
@nodiggity, Thanks a lot for sharing with us... Appreciated.

Namaste.
Reply
Spot on! Nice chart Alan! Been a follower for awhile! Keep up the great work!
+1 Reply
alanmasters Tiger_Style
@Tiger_Style, It is my pleasure. Thanks a lot for the continued support and comment, truly appreciated.

Reply
Buy Bitcoin = "flight-to-quality"
Reply
Hahaha. Look this one
Reply
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