The technical Analysis on SP500 on the price didn't Break up the 0,23 fibonacci levels and tbecame a lateral movment with slight low trend. Meanwhile the EMAs confirmed as support Levels but the RElative stregnth is weak with divergence between the trend and the momentum..
1. divergence .. true! but it's "hidden bullish divergence" for now. If it peaks above 4450+ overnight, then let's reassess for the next wave :)
2. Weekly candle stick ended last week is STRONG BULLISH with the long wick below.. but,
3. We can expect consolidation around this level. 4251 is in sight, and more likely it'll head down there first, before heading above 4500 again
2. Weekly candle stick ended last week is STRONG BULLISH with the long wick below.. but,
3. We can expect consolidation around this level. 4251 is in sight, and more likely it'll head down there first, before heading above 4500 again