Stochastic RSI Signals Bearish Divergence in $NDX
$NASDAQ 100(NDX)$ - The Stochastic RSI shows a bearish crossover, and price action aligns with a top formation.
Different from previous occurrences highlighted, the Money Flow Index is not overbought as in previous tops.
Is this a bear trap? or just a bearish divergence in the MFI.
This index, with the StochRSI was studied in the latest educational content, where Fundamental and Technical analysis are combined. Get access in bio! or check your email if subscribed already.
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https://x.com/SmartReversals/status/1836562300221759585
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