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TheLazyBrother

SPX - end of correction, continuation of uptrend

Long
S&P 500 Index (SP:SPX)  
TheLazyBrother  
SP:SPX   S&P 500 Index
Chart Patterns Technical Indicators
1
0
chartpattern indicator
SPX is deeply oversold, only 10% of all stocks being above 50 dMA, and sitting right on 200 dMA (not shown).

At the same time it is breaking a down trend line, and showing mometum divergence against both RSI and MACD.
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