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SPGSCLP, Neutral
Crude oil has been in an uptrend since June 2017. The last two highs though have formed a bearish divergence.
1. First price high, MACD peak, RSI peak
2. Higher price high, lower MACD peak, lower RSI peak
Not sure if the trend will continue, but I feel that the uptrend may be nearing its end.
1. First price high, MACD peak, RSI peak
2. Higher price high, lower MACD peak, lower RSI peak
Not sure if the trend will continue, but I feel that the uptrend may be nearing its end.
注释
It's early in the week, but monday closed below support and today's open looks weak as well.This seems to validate that the uptrend has, at least for now, ended.
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