Hidden bullish divergence

Spy got the break down of the ascending channel everyone was watching for. Today even with bad new home sales and pmi data the bears were unable to continue the sell off. Price consolidated all day and looks like a hidden bullish divergence is showing on the RSI. I think spy tests and breaks the 200 dma next.
Chart PatternsTechnical IndicatorsTrend Analysis

Pernyataan Penyangkalan