SPX: There have been 3 bearish setups during the last two weeks
$S&P 500(.SPX)$ : There have been 3 bearish setups during the last two weeks, including a red engulfing candle; a gravestone; and a shooting star.
The central weekly level has worked as a checkpoint to validate (or invalidate) such setups. The updated levels for next week have been posted.
For how long will the RSI stay above 70? This is a major index, this is not $Palantir Technologies Inc.(PLTR)$ nor $NVIDIA(NVDA)$
Image
For whom haven't open CBA can know more from below:
🏦 Open a CBA today and enjoy privileges of up to SGD 20,000 in trading limit with 0 commission. Trade SG, HK, US stocks as well as ETFs unlimitedly!
Find out more here：
Trade on a Cash Boost Account and enjoy up to 6 months of Commission-Free trading.
💰Join the TB Contra Telegram Group to Get $10 Trading Vouchers Now🎉
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Great article, would you like to share it?