View: slopechart_SPY.jpg

slopechart_SPY.jpg

SPY's downtrend. 
Note negative divergence of the Indicator. 
While SPY was making it's rise from June to the Jly '23 top, RSI was sloping down. Not much, but enuf to be on the lookout for a change in trend.

Image added via SlopeCharts
slopechart_SPY.jpg

Comments

No comments yet.

...