gent-trader

SPX, When is the low

Short
SP:SPX   S&P 500 Index
As $VIX is higher, we can use smaller time frames for more definitive moves, +ve divergence is needed for the actual low,
meaning lower prices with higher RSI, usually we see a break of RSI 30.9 then a move up in the RSI past 30.9,
as it is retested and bounce of RSI 30.9 the actual low is formed, the opposite at the high.
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.