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2023-12-26 18:12:56

SpyMasterTrades on Nostr: Multiple bearish divergences are occurring on the higher timeframe charts of #SPY ...

Multiple bearish divergences are occurring on the higher timeframe charts of #SPY

This chart shows the bearish divergence that appears to be forming on the weekly timeframe. Notice that the weekly RSI is at a very important trend line.



Bearish divergences are also occurring on the monthly, quarterly, and even yearly charts.

#SPX / #SP500
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