sp500, us treasures and gold flow and anti-correlations
S&P 500 has exceeded the bottom of the bullish channel, which initially indicates a slower growth rate. The index fluctuates between support at around 2840 points and resistance at around 2940 points. A crossing of one of the two levels can indicate the direction of development to come. The index is considered to be slightly positive for the medium to long...
Last two times on weekly timeframe we touched the 73 RSI we had a 10%ish retracement. Can we expect the same this time ?
It is a ductl because its touching the line several times without passing it