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Strategies & Market Trends : Humble1 and Swing Trading Friends

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From: humble12/7/2025 10:26:26 PM
2 Recommendations

Recommended By
rdkflorida2
towerdog

   of 41045
 
After a kiss of 6100 (the 12/6 high) SPX reversed sharply and Bearishly Engulfed the previous candle. The R2K undertow persists. The SPX MACD suddenly is on the edge of a downcross. Its RSI is weak with another non-confirm.

Add to those, how about that little declining triple top from the marginal new high on 1/24? Lower highs; lower lows. This is a setup for meltdown. Monday could be nasty.

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