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CrisBarr96

SPX500 Short. RSI Divergence and RSI Trendlines

S&P 500 Index (OANDA:SPX500USD)  
CrisBarr96 Updated   
OANDA:SPX500USD   S&P 500 Index
Trend Analysis Chart Patterns Technical Indicators rsi_divergence rsi-bearish-divergence resistence S&P 500 (SPX500) stockmarkets short
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trendanalysis chartpattern indicator rsi_divergence rsi-bearish-divergence resistence spx500 stockmarkets short
Take a lok at the divergence btween the RSI and Price charts with its recent highs. There's also the Trend lines on the RSI that are testing below the Resistance trend hopefully will be a long term hold as the SPX needs to take a damn break.
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Comment:
Well this went extremely well. It's too bad the RSI does not update with the graph or you'd see that a 1st "take profit" would have been met at the descending RSI trendline.

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