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maxwayne23

SPX500 about to breakout of wedge !? Looking at RSI and VOL

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maxwayne23  
CURRENCYCOM:US500   None
Trend Analysis Chart Patterns Technical Indicators S&P 500 (SPX500) wedgebreakout
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trendanalysis chartpattern indicator spx500 wedgebreakout
SPX is right now about to break the Resistance of its falling broadening wedge.
We have solid support underneath.
Printed bullish divergence on RSI 4h
And for the first time since dumping we see buying Volume coming in.
Also divergence on Volume turning around (wyckoff style) moderate Volume easily drives price up

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