SPY - Momentum Divergence - Clear Breakdown 12-2-19
Whats up traders -
Havent been posting much lately, but been keeping an eye on the SPY.
As far as Price Action / Momentum divergence go, this one is as clear as day. We broke the low MOMentum mark with today's bar close. As such, it might be a good time to starting thinking short, or at least closing out those longs.
Best of luck everyone. Hope for the best, plan for the worst.
-Nixx
Havent been posting much lately, but been keeping an eye on the SPY.
As far as Price Action / Momentum divergence go, this one is as clear as day. We broke the low MOMentum mark with today's bar close. As such, it might be a good time to starting thinking short, or at least closing out those longs.
Best of luck everyone. Hope for the best, plan for the worst.
-Nixx
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always listen to MOM. She knows best.