Quite a slug fest today, a battle over support, RSI of $SPX broke below the up trend established from late Feb 2020. Will it travel down to the down trend support line (orange circle area)? If it does the index would probably drop some more as RSI wages a war to regain ground above 30 like in Mar 2020. Will see.
$SPX RSI breaks up trend
Started by
gm_general
, Mar 04 2021 05:57 PM
2 replies to this topic
#2
tsharp
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Member
Posted 04 March 2021 - 07:12 PM
My work gave a sell on the SP00s last week at 3905, and it's still on a sell:
#3
Chilidawgz
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A fool and his money... (the second mousie gets the cheese)
Posted 04 March 2021 - 07:40 PM
Anything can happen...what's happening now?
No one can forecast the future. No one.
All stocks (ETF's) are BAD...unless they go up - William O'Neil
When The Time Comes To Buy or Sell, You Won't Want To - Walter Deemer
