ProfitHarvest

[SPX] Boxed In! Your Move Fed... Indicators Holding Strong!

Short
SP:SPX   S&P 500 Index
Price got caught exactly at my predicted resistance with the wick just popping above.

Tomorrow is big decision day and there's just not enough supporting data to decide to go up.

Let's see what Big Money and the Fed can pull out of their asses. They were hoping to spark a final FOMO rally by now but Retail is too exhausted and motherf%*king riots man, holy shit, I'm a political junkie and I didn't see this kind of thing happening for at least another decade. Just wild.

Probably see a trend change here with the price at this convergence.

ADX continued bounce off it's support. DPO clinged to support. ADX crossing up through the DPO is a buy signal, the steeper the better.

RSI, RVI and ROC all signaling sell more strongly.

MACD histogram right at the resistance line, another indicator signaling turning point.

Almost harvest time :).

Data analyst with a passion for best fit lines B)
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.