We just shared analysis for the S&P 500 (SPX) based on the weekly time frame, this is a continuation of this analysis on the daily time frame.
Let's take a quick look now, feel free to hit like...
This is a continuation for our main weekly analysis which can be read here:
Thanks a lot for reading.
Namaste.
Let's take a quick look now, feel free to hit like...
- Here we will focus more on 2019 and leave 2018 behind. We marked the all-time high price with a brown dashed line.
- The main signals I want to point out are the decreasing volume and bearish divergence.
- The MACD reached a peak on the 20th February, while the SPX reached a peak price on the 23 April, this is marked with a purple arrow on the chart. So you can clearly see the MACD moving down strong while the price is moving up.
Here is the chart:
This is a continuation for our main weekly analysis which can be read here:
Thanks a lot for reading.
Namaste.
🔝 100,000+ Altcoins & Bitcoin Charts!
t.me/alansantana1111
🚨 Free PREMIUM Trade-Numbers
alansantanatrades.com
➖ If you now enjoy the content, please consider support below...
👉 lamatrades.com (Since 2017)
t.me/alansantana1111
🚨 Free PREMIUM Trade-Numbers
alansantanatrades.com
➖ If you now enjoy the content, please consider support below...
👉 lamatrades.com (Since 2017)