XJO 0.74% 8,285.2 s&p/asx 200

Indices 4/3, page-66

  1. 8,117 Posts.
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    SP500 shows a bearish engulfing candle. That suggests more downside.


    But – never fear – buy-the-dippers are waiting on the side-line.


    Of more interest to me is the RSI14. It hasn’t dipped below its mid-line (50) since early November when this rally began.

    When we see the RSI14 fall below 50 again, we might be able to call the end of this rally.

    ..17 year cycle top .. i smell BEAR..dyor
 
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