SPX - ranging at ATH, hidden bearish div

Nov 12, 2020

SPX is still ranging in a chanel form the ATH, there is a bearish div but without a short signal indicationg the markets indecission for the next move. As long as SPX can keep this level and makes 1 more wick above the ATH the bulls a re in control. Looking at some major stocks which are in a triangle and potential downbreak the spx could go fo a bigger correction if the bulls loose the ath chanel