SpyMasterTrades on Nostr: Multiple bearish divergences are occurring on the higher timeframe charts of #SPY ...
Multiple bearish divergences are occurring on the higher timeframe charts of #SPY
This chart shows the bearish divergence that appears to be forming on the weekly timeframe. Notice that the weekly RSI is at a very important trend line.
Bearish divergences are also occurring on the monthly, quarterly, and even yearly charts.
#SPX / #SP500
This chart shows the bearish divergence that appears to be forming on the weekly timeframe. Notice that the weekly RSI is at a very important trend line.
Bearish divergences are also occurring on the monthly, quarterly, and even yearly charts.
#SPX / #SP500