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!
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.