Confirmed change of trend on the SP500.
1. Up trend lİne broken
2. RS2 below 70 whle StochRS30 below mid-line
3. Strong negative diversion on MACD Hist
4. CC broken below 100
5. Break occurred on heavy volume
6. Force Index (21) has broken below the zero line.
Only caution - decisive break needed on MACD
Change of trend doesn't necessarily mean a correction. Sideways to down (cONSOLİDATİON) could be on the cards. But as we approach the end of the strong seasonal period (end of April), the odds favour a change in trend.
Hope all are well and making money. İ'm currently in a small village in Western Turkey and the computers are iffy. Can't post charts
Hopefully, the above info is clear.
Best
Red
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