There are a lot of bad news going on and we see the SPX ignoring it ( It isn't a good signal).
We are close to the upper trend line of our bear channel.
TDI bands are tightening, which means we can expect a huge and fast movement next. We also can see a bearish divergence.
WATCH OUT!
We are close to the upper trend line of our bear channel.
TDI bands are tightening, which means we can expect a huge and fast movement next. We also can see a bearish divergence.
WATCH OUT!