Mentorship

Mentorship

S&P

5 Aug 2015 ‚óŹ 12:07 PM

The S&P has been losing momentum for more than a year on the weekly chart below. But each time the momentum indicator falls below zero it results in a rally as well. So while we are seeing lower tops throughout resulting in negative divergences, the current reading on the S&P is now just close to zero. Will it result in a rally again? We should find out soon.

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