There have been some nice bearish divergences in the Dow and S&P500 over the last month.
1. At August 9th top Dow exceeded 21st June high while S&P500 didn't.
2. Top on September 9th (last night) S&P500 exceeded 17th August high while Dow didn't.
I loaded up shorts on US indexes last night when I saw this bearish divergence once again setting up. Combine that with the fact that virtually every top in the last year has coincided with the new moon with the last one being on Sept. 8th.
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
8,603.0 |
Change
7.200(0.08%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,595.8 | 8,616.8 | 8,589.5 |
| XJO (ASX) Chart |