Hidden Bearish Divergence
The S&P 500 has in addition to all the recently mentioned sell signals a hidden bearish divergence on the 4 hour chart. This sell signal has high reliability status.
The 4 hour SPX chart below shows clearly a sell signal as the oscillator makes a new higher high while price makes a lower low.
TD trend-line shows also a projected price target down at 2888 SPX cash!
Happy trading ;o
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