Bringing indices up again, Let's look at the SHORT TERM first.
(Unfortunately can only show 1 chart, see profile for more info)
DJI longer term still showing an ascending triangle, current pattern is sideways channel, there's some negative divergence.
NDX maintains the uptrend, HOWEVER - we're seeing SEVERE negative divergence.
SPX also in current sideways channel, and also showing SEVERE negative divergence.
RUT completes the bunch with a sideways channel and some neg divergence.
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Longer term #indices are interesting. Using weekly.
DJI showing slight negative divergence, needs to break out FAST
NDX Extremely overbought, last 3 times; 2 corrections, 1 major drop.
SPX Nothing out of the ordinary, lil overbought, see #NDX notes.
RUT Severe underperformer and it looks like it wants to catch up to the others.
#stocks
(Unfortunately can only show 1 chart, see profile for more info)
DJI longer term still showing an ascending triangle, current pattern is sideways channel, there's some negative divergence.NDX maintains the uptrend, HOWEVER - we're seeing SEVERE negative divergence.SPX also in current sideways channel, and also showing SEVERE negative divergence.RUT completes the bunch with a sideways channel and some neg divergence.----------------------------------------------------
Longer term #indices are interesting. Using weekly.
DJI showing slight negative divergence, needs to break out FASTNDX Extremely overbought, last 3 times; 2 corrections, 1 major drop.SPX Nothing out of the ordinary, lil overbought, see #NDX notes.RUT Severe underperformer and it looks like it wants to catch up to the others.#stocks
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.