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SPX 500 Chart: A perfect storm is almost coming!

(2023-12-29 05:10:29) 下一個

By reviewing the 21 larger techncial corrections in the past 6.5 years, it is found that most of them accomanied with techncial indicators negative divergences with the prices; some with all divergences, some with less divergencies. As of today, all divergencies appeared now on SPX 500 index except for MACD, which is a very grave signal for bulls. Let's watch what will happen after final window dressing day of this year, 29 Dec 2023.

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