July 2020 Market Pullback

Correlation between moneyflow and RSI.

When RSI is nearing overbought 66 and moneyflow is increasing in the short term, but decreasing in the long term, There's a pullback probability of 85% within 5 days. Represented by the green flags and the upper Bollinger band being tested and correcting.

This suggests a pullback in July 2020

SPY
Chart PatternsSPDR S&P 500 ETF (SPY) spyshortTrend AnalysisVIX CBOE Volatility Index

Thông báo miễn trừ trách nhiệm