The price of the S&P 500 is increasing but the Awesome Oscillator is decreasing, this states that a great downfall is coming ahead.
There is proof that a downfall will come because whenever this situation comes, that when the market is rising and the AO is not rising the markets went down brutally.
Please check in the years 2000 and 2008 the same thing...
Hi friends
the daily graph of this market shows that it will experience a BALLOWING trend in the coming days but you have to be vigilant at the same time because there may be a change in the opposite direction
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R 21518
Below this level target is 21094(breakdonw) , suppose breakdown this level will push price 20532 and 20415 .
Recent, GAP was almost 661 points which is -ve for DJIA.
If suppose price close above 21518 will push price upward. (low chance)
BUY signal at 75.27 $
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1) Facing resistance at trendline
2) oil prices crossed crucial level of 80$, likely to got to 90-100$
3)Made bearish candle at resistance with high volume
