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2,958.8 standard & poor's 500

weekly RSI must be near record highs

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Sharetrader78

12,486 Posts.

1748

15/12/23

09:00

Post #: 71462485
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Originally posted by watchthisrise: ↑

Once again, am glad I sold at a 0.5% loss.
I would be 10% down now if I was still holding.

last night's SPX candle rose above the upper bollinger band, but didn't actually drop back down to touch it.

This is the first time that I can see a candle floating above the upper BB without touching the upper BB (I looked as far as 2016- 2017).

I'm thinking there might be a small trade in this just for the day.
With a bit of luck, maybe the SPX futures will rise a bit before open, they buy, then sell before today's asx close.

Any thoughts on this candle ?

Not sure whether it's bullish, indecisive, exhaustive or bearish.

DAILY SPX

WEEKLY SPX

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weekly RSI must be near record highs

Value at posting: 2,958.8
1 Upvote

0 Great analysis

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