S&P 500 IndexUpdated SPX - Could Be Time For A Bounce?
Very hard to tell here, SPX is in a steep downtrend, but I did notice that it is rubbing against the lower supply trendline here, has wicked through and often descending channels can lead to upward impulses.
4H RSI has only been this oversold once this year and obviously a bounce followed.
We'll see. I'm not shorting anything currently, will wait for a bounce whether thats sooner or after a selling climax.
Not advice.
4H RSI has only been this oversold once this year and obviously a bounce followed.
We'll see. I'm not shorting anything currently, will wait for a bounce whether thats sooner or after a selling climax.
Not advice.
Note
Gap up coming.
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But offering 20% discount to join my group 👍🏻
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