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S&P 500 Index

$SPX breaking out atm

73
Not fan of the SPX, prefer the smaller DJI & tech heavy NDX
BUT
It is always good 2c more breadth

So much negativity it is EASY to be a bear
BUT
Been saying for some time, outside few shorts here & there, momentum = BULL

Last 2 days volume decent and SPY shows it bit better

RSI broke 1st downtrend & about to face more important one, imo likely break it
ROYAL_OAK_INC
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Chart PatternsTechnical Indicatorssp500indexSPX (S&P 500 Index)SPXLSPXSSPDR S&P 500 ETF (SPY) StocksTrend Analysis

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Chart PatternsTechnical Indicatorssp500indexSPX (S&P 500 Index)SPXLSPXSSPDR S&P 500 ETF (SPY) StocksTrend Analysis
ROYAL_OAK_INC
Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.