$SPX analysis short & longer termCBOE:SPX chart is quite INTERESTING.
We can see the obvious short term downtrend.
We're currently at the bottom part of the GAP.
Volume has been a lil lighter, holiday is likely the reason.
RSI broke the downtrend it was in
Maintained the longer term 2022 low up trend.
Can AMEX:SPY reach the top part of the current downtrend?
AMEX:SPXS AMEX:SPXL
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Weekly CBOE:SPX
Trading under the red moving avgerage.
Still looks similar to 2022.
Monthly AMEX:SPY
MACD & RSI bounce do not look very strong from 9/22 lows.
Does look like a lil bit like a cup & handle formation, interesting.
Time will tell if that is what is forming/formed.
TVC:VIX not showing much on the Monthly charts.
Weekly MACD & RSI is showing some strength.
