RighteousTA

The Trend

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RighteousTA 已更新   
SP:SPX   标准普尔500指数
The trend of SPX is looking bearish with lower highs and higher lows on the weekly chart. I am expecting a move up and a bounce off the higher trend line to then bring us down to 3250. MACD is building momentum, RSI hidden bearish divergence and the index is up against hard resistance at 4163.
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Testing the upper trend-line.
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