seine

SPY - RSI making higher lows

AMEX:SPY   SPDR S&P 500
99 2 1
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You should match highs to highs, though, not highs to lows. ;-) And look at weekly chart - negative RSI divergence with SPY highs.
+1 Reply
seine iv_trader
I was trying to compare the straight bottom and the lows of RSI. :)
but you are right otherwise. The weekly one gives a good view too.
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