SPY ,DOWNTREND IS POSSIBLE
HI TRADERS
As you can see in chart, SPY make a new top again and again and and going up and up .this is clear
The point that i want to talk about is RSI which is opposite of price movement and can not break the high and make a lower high .i indicate both of them with yellow line .
It is a bearish divergence that can be start of a downtrend for SPY .
Be careful and WEAR MASK.
Good Luck and Good Profit
As you can see in chart, SPY make a new top again and again and and going up and up .this is clear
The point that i want to talk about is RSI which is opposite of price movement and can not break the high and make a lower high .i indicate both of them with yellow line .
It is a bearish divergence that can be start of a downtrend for SPY .
Be careful and WEAR MASK.
Good Luck and Good Profit
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