$SPX - The Bullish Percent Reached 80
$.SPX(.SPX)$ -The Bullish Percent Reached 80, and it's holding that zone without pullback as in the occurrences highlighted by the red arrows.📉📉
The white arrows present cases with bullish continuation📈📈. Is that the case this time?
For an invalidation the BP reversal, it should continue moving down while price continues moving up. That would be a bearish divergence, which is a condition that may last for long (weeks or even months), as presented in the chart after the white arrows.
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