Home > heikin-ashi > $SPX, a top #heikinashi #markets #trendfollowing #trends #portfolio

$SPX, a top #heikinashi #markets #trendfollowing #trends #portfolio

September 26, 2020

The Market Breadth charts are based on the Relative Strength inside the SP-500 index.

SP-500 ($SPX) daily

  • (++) A short reaction is expected.

 

SP-500 ($SPX) weekly

  • (+) 3,090 is a decent support,  6.30% lower from here.
  • (-) First time in negative territory since the March low.

 

SP-500 ($SPX) monthly

  • (-) A classic Japanese candle pattern confirmed with a very low value for the market breadth (37 out of 502)

 

 

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