marketremarks.com
U.S. Major Indices: Uptrend Continues, Approaching Dec-Nov Resistance Levels : Market Remarks
S&P 500 Current Trend: Confirmed Uptrend Monthly Up-sloping channel; at the median of a regression channel RSI made a Bearish Divergence in September 2018 and is below a downtrend line since Weekly Potential emergence of Arthur Merrill’s W7 or W11 or W12 wave patterns RSI-9 made a Bearish Divergence on 17-Sep-18; trying to break above a downtrend line; coming…