Get started
S&P 500 E-mini Futures
Short

$SPX 18-year Parallel Channel RSI Analysis

140
The S&P 500 has been trading in an 18-year parallel channel.

Every time the RSI trades >75 we see a significant market correction, where we are then presented with amazing buying opps when the RSI touches ~50 in confluence with the MMA34.

This time is different tho, right?
jonnieking
Also on:
34mmabearmarketMoving AveragesOscillatorsParallel ChannelRelative Strength Index (RSI)rsianalysisSPX (S&P 500 Index)S&P 500 (SPX500)

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
34mmabearmarketMoving AveragesOscillatorsParallel ChannelRelative Strength Index (RSI)rsianalysisSPX (S&P 500 Index)S&P 500 (SPX500)
jonnieking
Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.