SPX is squeezing between big increasing channel (green lines) and small falling trend (red line) as shown in the graph.
RSI is getting powerful.
After breaking the falling trend line, it can target upline of the increasing trend.
Also there is a possible cup formation which is being shaped.
It is just notes for myself. It is not investment advice.
RSI is getting powerful.
After breaking the falling trend line, it can target upline of the increasing trend.
Also there is a possible cup formation which is being shaped.
It is just notes for myself. It is not investment advice.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.