Quick one here.
SPX is displaying a strong RSI divergence (as indicated on the chart) similar to what we saw in the lead up to the tech wreck and a brief divergence brief to the GFC.
This does not mean the SP-500 will crash overnight, but it does signal that momentum is no longer congruent with rising stock prices.
Another piece of information to bear in mind.
SPX is displaying a strong RSI divergence (as indicated on the chart) similar to what we saw in the lead up to the tech wreck and a brief divergence brief to the GFC.
This does not mean the SP-500 will crash overnight, but it does signal that momentum is no longer congruent with rising stock prices.
Another piece of information to bear in mind.
