S&P 500 INDEX : the ascending wedge, think it's forming Head&Shoulders inside. Do'nt forget to like charts, I respect and appreciate it.
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Stock futures drop, S&P on track for 4th straight decline as bond yields rise More U.S. stock-index futures fell on Tuesday, suggesting the equity market’s recent downturn was poised to continue as investors continued to fret over rising bond yields and the implication that could have on stock prices.
Agreed. Short, short and short. Monthly RSI showing bearish divergence with decreasing volume. If compared to OCT2007 it somewhat similar setup. Let's see how this plays out. Thanks for the analysis!