Waiting for divergence
SPY closed strong last Friday and finished with a gain of 2.56%.
ES futures are again perking up +20 handles as of now.
Same old story. SPY remains bullish.
RSI above 70% and can get higher.
Looking for the next two weeks to develop divergence in indicator for sign of weakness.
But currently, all systems go for bulls.
ES futures are again perking up +20 handles as of now.
Same old story. SPY remains bullish.
RSI above 70% and can get higher.
Looking for the next two weeks to develop divergence in indicator for sign of weakness.
But currently, all systems go for bulls.
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