Using the RSI Tunnel indicator of mine to analyse S&P 500 direction.
As you can see in the chart, it's quite touching the resistance at 3590.
We did get a bullish signal with RSI Tunnel indicator like 6 bars ago.
Be cautious, if it breaks resistance level it will do it strong, otherwise we have pullback.
Note: In case you want to help me test the RSI tunnel indicator, msg me.
It also works well on lower time frames.
LIKE this idea as i will update this idea with the actual results of the s&p500.
As you can see in the chart, it's quite touching the resistance at 3590.
We did get a bullish signal with RSI Tunnel indicator like 6 bars ago.
Be cautious, if it breaks resistance level it will do it strong, otherwise we have pullback.
Note: In case you want to help me test the RSI tunnel indicator, msg me.
It also works well on lower time frames.
LIKE this idea as i will update this idea with the actual results of the s&p500.
Appreciation of my work: paypal.me/dman103
All Premium indicators: algo.win
LIVE Stream - Pivot Points Algo: youtube.com/channel/UCFyqab-i0xb2jf-c18ufH0A/live
All Premium indicators: algo.win
LIVE Stream - Pivot Points Algo: youtube.com/channel/UCFyqab-i0xb2jf-c18ufH0A/live
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.
Appreciation of my work: paypal.me/dman103
All Premium indicators: algo.win
LIVE Stream - Pivot Points Algo: youtube.com/channel/UCFyqab-i0xb2jf-c18ufH0A/live
All Premium indicators: algo.win
LIVE Stream - Pivot Points Algo: youtube.com/channel/UCFyqab-i0xb2jf-c18ufH0A/live
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.