Bearish Divergence with a Red candle on SPY

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SPDR S&P 500 ETF TRUST (AMEX:SPY)

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AMEX:SPY SPDR S&P 500 ETF TRUST

Trend Analysis Technical Indicators

trendanalysis indicator

Momentum in trend looks weak. RSI with clear bearish divergence and follow up by red candle, with small consolidation on top.

評論:

Follow down the momentum and RSI is also below 50 now

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