It's not confirmed yet, but the weekly spx is warning of lower spx prices. There is a price vs rsi divergence in the weekly chart, which is much stronger than a daily or hourly divergence. Last spx is 1069.
* ChristopherStockGuy is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. For details, see the post from SATURDAY, AUGUST 15, 2009 titled "Disclaimer".
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