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SPX Parallel Channel Update #2; Monthly Price Action

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Indeks S&P 500 (OANDA:SPX500USD)  
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OANDA:SPX500USD   Indeks S&P 500
Trend Analysis Technical Indicators Chart Patterns bearishdivergence
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trendanalysis indicator chartpattern bearishdivergence
I posted a chart on the SPX back in April that showed that is was in a monthly price channel and nearing the top. Today i noticed that we hit the top of said channel.

The RSI is showing divergence and the MACD may look to cross downwards soon.

I think that we will be seeing a bit of red in the next couple of weeks.

Idea Berkaitan

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