The S&P500 index has made another peak B, higher than the first peak A.
If prices fall below the level of the first peak A, this is a signal to sell and expect a completed Double top reversal pattern (or as Vic Sperandeo calls it '2B pattern').
If prices fall below the level of the first peak A, this is a signal to sell and expect a completed Double top reversal pattern (or as Vic Sperandeo calls it '2B pattern').
ملاحظة
Also, on the monthly chart, you see a significant negative 'RSI divergence pattern' with respects to A to B peaks.
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إخلاء المسؤولية
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.