Potential Double-Top in Both the Mid and Short-Term
More of an update to my last S&P 500 chart than a chart in its own right, I've left out the drawings already in the previous one. Looking at today's trading, a very short-term double-top looks likely (probably more of a retest than a double-top really). This could in turn confirm the slightly longer term double-top (triple-top?) that's been forming over the last few months.
We're going to be over a weak area of the cloud by the end of the week with the Stoch RSI oversold and a slight bear divergence in the RSI. There's an ambitiously precise forecast here; I don't have much reputation to lose, so why not? Just going on the difference between the intra-top support and the tops, I've predicted a downtrend to 1623 - again, purely speculative.
We're going to be over a weak area of the cloud by the end of the week with the Stoch RSI oversold and a slight bear divergence in the RSI. There's an ambitiously precise forecast here; I don't have much reputation to lose, so why not? Just going on the difference between the intra-top support and the tops, I've predicted a downtrend to 1623 - again, purely speculative.
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.