Indice S&P 500Short
[SPX] RSI Uptrend Vs. Downtrend... At Likely Peak Now
So far RSI is reliably bouncing off the yellow downtrend but we'll see how much power the minor dotted uptrend has soon.
Breaking under yellow and failing a retest would be bearish, holding to dotted line and setting a higher low would be bullish, bouncing off the yellow again would be neutral.
Either way we seem to be at the peak for this run.
Breaking under yellow and failing a retest would be bearish, holding to dotted line and setting a higher low would be bullish, bouncing off the yellow again would be neutral.
Either way we seem to be at the peak for this run.
Data analyst with a passion for best fit lines B)
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