TradeVulture
Short

SPY: The Scariest Technicals that I have ever seen.

AMEX:SPY   SPDR S&P 500 ETF
578 3 8
We have a leg start all the way back from 1995 that has not been tested. All of the other significant leg starts have been tested over the last two crashes in 00 and 08. Each time during distribution, immediately prior to the leg down "crashes" both MACD and RSI flashed warning signs, showing divergences. I've drawn some levels of significance. 46 is probably going to get tested, which I hope isn't the end of the world as we know it.
Great chart. Thanks. Goodguy.
Reply
interesting how RSI diverged on 1-1-2014 but MACD did not confirm then. They both do now.
Reply
RSI period is set faster.
Reply
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out