SPX daily charts with detailed comments

    Posted by matt on 26th of Feb 2023 at 01:23 pm

    $SPX - Chart Link- drawing well-defined uptrend lines on the 14 RSI can provide great sell signals as we've seen recently and last year

    $SPX - Chart Link- doji candle formed on Friday and a test of the downtrend line and the 200 day MA. One valid long trigger would be taking a long if price takes out the high of Friday's doji with an immediate stop at the low.  The recent highs either completed that wave C, or the 'bulls' could still try to reclaim the football and get one more rally up?

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