$SPX has been on FIRE, like most indices, sans $RUT

hit the level called

NOW WHAT?!

Intraday (NOT PICTURED HERE), look @ RSI, we see 15 - 30 Min weakening

1HR looks fine

4HR not oversold but showing negative divergence

AGAIN, as we've been stating for some time, HARD CALL

gave up DAYS ago!
This is the 2nd Week it's BREAKING the SYMMETRICAL TRIANGLE (BEAR FOR #VIX!)

ROYAL_OAK_INC

Also on:

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.