Leon_G

SPX - ranging at ATH, hidden bearish div

OANDA:SPX500USD   S&P 500-index
SPX is still ranging in a chanel form the ATH, there is a bearish div but without a short signal indicationg the markets indecission for the next move. As long as SPX can keep this level and makes 1 more wick above the ATH the bulls a re in control. Looking at some major stocks which are in a triangle and potential downbreak the spx could go fo a bigger correction if the bulls loose the ath chanel

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