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CrisBarr96

SPX500 Short Based on RSI

Índice S&P 500 (OANDA:SPX500USD)  
CrisBarr96  
OANDA:SPX500USD   Índice S&P 500
Technical Indicators Trend Analysis Oscillators Relative Strength Index (RSI) hiddentrendline Fibonacci Extension
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indicator trendanalysis oscillator relativestrengthindex hiddentrendline fibonacciextension
If you take a look at the Green RSI trend line you can see that it was holding well as a support but the RSI has crossed beneath and retested the same Green trendline as a resistance so we can hopefully see the start of a down trend for a few weeks.
You can also see the FIbs extension mark up and the price has reached the .618 level.
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