My blog tries to Analyse the trend and patterns of stocks, Futures, Commodities and Forex Markets
November 6, 2016
S&P 500 The MACD Divergence and 50 SMA
ES Month chart shows fall After MACD Negative divergence. This can extend if the 50 Week SMA is not held. But everything is happening above trend line from 665 levels or year 2009 lows. For a bigger correction this bullish structure must break.