SPX 500 D
This is the Daily chart, for the bigger picture i have the Weekly chart, but also on the daily we can see an exaggerated bearish divergence.
Bounced 2times on the bottom trendline, actually 3times. IF that trendline breaks, probably it's slowly leading the way to the 61.8° and there's also a trendline (that one is from the weekly, see the W-chart)
bouncing 2 Times on the shortly of period looks the power is taking off (not with a double bottom, but that's not the case in this story), sounds maybe crazy for a lot of....
Just matter of time (IMO)
Bounced 2times on the bottom trendline, actually 3times. IF that trendline breaks, probably it's slowly leading the way to the 61.8° and there's also a trendline (that one is from the weekly, see the W-chart)
bouncing 2 Times on the shortly of period looks the power is taking off (not with a double bottom, but that's not the case in this story), sounds maybe crazy for a lot of....
Just matter of time (IMO)
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