The SPX is on track for a possible mid- December top.
The next FOMC meeting is on 12/14/22 the SPX could top on that event or a few trading days after.
Note the RSI has still not reached the ovebought zone above 70%.
The next FOMC meeting is on 12/14/22 the SPX could top on that event or a few trading days after.
Note the RSI has still not reached the ovebought zone above 70%.
Comentarios:
The trendline on the chart did not post as original drawing. Line should go from bottom on 10/13/22 to top on 12/02/22