SPX's RSI with out bias or emotions, just this indicator.

Everything is possible, but with all else equal we could be going up. RSI has been consolidating for over 65 days for a major move up/down. The only thing is kind of scary

right now is Covid -19 or lock downs to fight it. With out these two points it could be for the Bulls to get control here. It sounds unreasonable with overbought indicators and

over valued fundamentals but we could be still in wave 3 Elliott wave or this is a Bulls trap and we crash : -).

wish you the best.

Komentarz:

Trend is holding it it breaks a support or have lower high or lower bottom. So far

we are in up trend nothing is broken to date.

Komentarz:

This played well.