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Tadej

Hidden divergence bearish for SPY?

Short
SPDR S&P 500 ETF TRUST (AMEX:SPY)  
Tadej  
AMEX:SPY   SPDR S&P 500 ETF TRUST
Trend Analysis Chart Patterns Technical Indicators SPDR S&P 500 ETF (SPY) hiddendivergence Bearish Patterns
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trendanalysis chartpattern indicator spy hiddendivergence bearish
Price and RSI are forming a hidden divergence which could be bearish for stock market (SPY). There is still a chance we go higher (above resistance at 272) and invalidate this pattern.

Am not trading this, just an idea.
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