smontillas0810
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since Apr 18, 2020
chartpattern
dxy
equity
gold
goldspx
spx
spx500
trendanalysis
usd
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The S&P 500 Stocks above 200MA is a market breadth indicator that provides information about where the momentum is at the time. The chart shows weakness as there is a bearish RSI divergence after the indicator was rejected from the lower line of the broken channel. A break of the green line might give bears momentum to the downside and achieve a further...
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This chart shows how the rise on stocks is not so much a story about companies success as it is about USD failure.
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Gold / SPX ratio is testing the upper line of its current range, a break above might hint to a decoupling of the two.
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