Ok, getting back to basics here guys. Enough with the snark haha... for now.
Leaving my March crash repeat setup here just for comparison, not as an expected path or trend. Volume will still be interesting to follow here. Holding pretty close so far!
This little crash definitely took some pressure off RSI but it's clear we're still well in overbought territory here. Stoch is always more sensitive, in a real crash they'll all go down in unison (see late Feb RSI).
ADX was juiced to pop through ROC and DPO as they crashed down but we got a fakeout. Still prime position for a crash.
DMI hardly fooled by this, still locked and loaded for a crash.
MACD has plenty of downside room, we'll likely get a deeper extension in the red before it goes green again.
TRIN is just fcked...
![[SPX 4H] Price Trapped Under Support, TRIN to SELL Upchannel!](https://static.tradingview.com/static/images/svg/idea-image-placeholder.svg)
Leaving my March crash repeat setup here just for comparison, not as an expected path or trend. Volume will still be interesting to follow here. Holding pretty close so far!
This little crash definitely took some pressure off RSI but it's clear we're still well in overbought territory here. Stoch is always more sensitive, in a real crash they'll all go down in unison (see late Feb RSI).
ADX was juiced to pop through ROC and DPO as they crashed down but we got a fakeout. Still prime position for a crash.
DMI hardly fooled by this, still locked and loaded for a crash.
MACD has plenty of downside room, we'll likely get a deeper extension in the red before it goes green again.
TRIN is just fcked...
![[SPX 4H] Price Trapped Under Support, TRIN to SELL Upchannel!](https://s3.tradingview.com/k/KpCzsRYY_big.png)
Data analyst with a passion for best fit lines B)
