SPX Parallel Channel Update #2; Monthly Price Action
I posted a chart on the SPX back in April that showed that is was in a monthly price channel and nearing the top. Today i noticed that we hit the top of said channel.
The RSI is showing divergence and the MACD may look to cross downwards soon.
I think that we will be seeing a bit of red in the next couple of weeks.
The RSI is showing divergence and the MACD may look to cross downwards soon.
I think that we will be seeing a bit of red in the next couple of weeks.
