gent-trader

6 reasons for possible correction

AMEX:SPY   SPDR S&P 500 ETF TRUST
S&P weekly has two lines showing resistance, more power the daily chart, $RUT daily -ve divergence at all time highs,
DOW transports showing resistance, -ve divergence on DOW weekly, NASDAQ weekly could form double top with a small pull back by weeks
closing, being weekly charts, more energy to pull back
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