Chart_13

SPX - divergence as a tool for predictions

TVC:SPX   S&P 500
We have seen it before, SPX and RSI divergence is sometimes a good indicator for what to come. When looking av weekly data for SPX there is a potential divergence between SPX and RSI emerging. If a new rsi top enfolds and this top is lower than previous rsi top, the corresponding SPX rising tops is forming a divergence. Given that the stock market have risen this fast it would not be far fetched if a fall unfolds.
Aviso legal

As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.