Bullish divergence on ONE hour chart for SPY
On Jan 1st , SPY gapped up as I guessed in my previous idea. However, price went down sharply filling the previous gaps.
Though price came down , I see Stochastic RSI indicator going up. I see it is bullish divergence , so expecting SPY would go up further
Though price came down , I see Stochastic RSI indicator going up. I see it is bullish divergence , so expecting SPY would go up further
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