S&P 500 is in the top of trend channel on a daily chart.
All indicators suggest it is overbought. MACD close to crossover, RSI at 66, Williams R% at 19,8.
Volume has furthermore been low during the recent trend up.
The first resistance level will be the bottom of the trend channel at 1380.
All indicators suggest it is overbought. MACD close to crossover, RSI at 66, Williams R% at 19,8.
Volume has furthermore been low during the recent trend up.
The first resistance level will be the bottom of the trend channel at 1380.