SPX500 Short Based on RSI
If you take a look at the Green RSI trend line you can see that it was holding well as a support but the RSI has crossed beneath and retested the same Green trendline as a resistance so we can hopefully see the start of a down trend for a few weeks.
You can also see the FIbs extension mark up and the price has reached the .618 level.
You can also see the FIbs extension mark up and the price has reached the .618 level.
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