📉 S&P 500, intermarket divergence

👉 An interesting phenomenon called intermarket divergence (price divergence between markets of the same type). The S&P 500 and NASDAQ made new highs, but the DOW did not confirm the high. As a rule, it leads to a reversal or correction.

👉 Considering that we expect a correction in the S&P 500 this week, perhaps this factor can be considered as additional confirmation. Let's see.





Comments

Popular posts from this blog

🗂 INDEX - REVERSALS & TRENDS

📈 S&P 500 - RESULTS 2024 AND FORECASTS 2025

📈 EXTREMES & PIVOTS