Note the divergences. SPY is in an uptrend defind by higher highs and higher lows. The 10 dma of the Hi Lo chart is in a downtrend as defined by lower highs and lower lows.
Watch and see if the SPY breaks down and catches up to the Hi Lo chart or if the Hi Lo chart breaks the downtrend line to catch up to the SPY.
Other indicators are being watched to gather evidence of one of the suggested moves.
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This
has been posted for Educational Purposes Only. Do your own work and
consult with Professionals before making any investment decisions.
Past performance is not indicative of future results
Past performance is not indicative of future results
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