First concomitant bearish signals on SPX
For the first time, we are starting to see multiple concomitant signals announcing the end of the rally:
⚠️ Wait for the 4h candle to close before selling this market. To be even safer, you should wait for 2 candles breaking the uptrend line.
- Weekly pivot point is being tested
- RSI 730 is breaking its support trend line
- Multiple divergences on MACD showing sellers are taking back control over the market
⚠️ Wait for the 4h candle to close before selling this market. To be even safer, you should wait for 2 candles breaking the uptrend line.
Trade attivo:
Signal confirmed.
