Índice S&P 500
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SPX500 - Bullish Clues

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SPX500

More whipsaw as markets open, but this time it is bullish.

Overall it looks like volatility is decreasing without anything too dangerous printing.

Notice that a slightly lower low has printed and there is bullish RSI divergence between the lows.

This is a little bullish Wyckoff clue.

And so it is still a more dangerous area than elsewhere in the chart due to the long term 1.618.

But if this is stabilising then this is an area for dip buying stocks that are completing corrections or simply buying the index 🧐.

Not advice

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