Notice a lower high and a divergence on the SPX hourly chart. I've been watching the RSI for a while now and have noticed this pattern forming for weeks.
Watch for another touch of the upper resistance on the RSI trend line and then back down making a new low.
Should see 2720 for a bounce.
Watch for another touch of the upper resistance on the RSI trend line and then back down making a new low.
Should see 2720 for a bounce.