Strong divergence on S&P500!
We have a strong divergence between the price and the RSI. The price is going up, while the RSI is dropping. This could mean we have a weakness sign on S&P. This divergence is stronger than the one found on the Nasdaq100.
The 4,118 is the next target for S&P, if it drops below yesterday's low in intraday charts.
If you liked this trading idea, remember to click on the “Follow” button to get more trading ideas like this, and if you agree with me, click on the “Agree” button 😉.
See you soon,
Melissa.
The 4,118 is the next target for S&P, if it drops below yesterday's low in intraday charts.
If you liked this trading idea, remember to click on the “Follow” button to get more trading ideas like this, and if you agree with me, click on the “Agree” button 😉.
See you soon,
Melissa.
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