SP 500 - BULLISH Divergence + Target Area (3/11/22)
The S&P 500 has Bullish Divergence on the RSI. We should see it head back up to the 4400 - 4450 area over the next couple of days.
The threat of a flash sell-off is always looming, so precautions have to be taken when trading against the trend (currently down). However, if we do not get anything random in the markets, then the SP 500 should make it's way up to that target area with ease.
The threat of a flash sell-off is always looming, so precautions have to be taken when trading against the trend (currently down). However, if we do not get anything random in the markets, then the SP 500 should make it's way up to that target area with ease.