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Technical analysis by StockMarketCycles about Symbol SPYX: Sell recommendation (11/16/2022)

https://sahmeto.com/message/3693376
StockMarketCycles
StockMarketCycles
Rank: 21924
1.3

The end of a bear market rally is closer than ...

:Sell
Price at Publish Time:
$3,958.79
Sell،Technical،StockMarketCycles

... the beginning of a bull market. Cyclic tuned RSI is approaching overbought level, cRSI level on weekly is back to neutral (not bullish anymore) cyclic momentum indicates divergence signal, timing window for markets to end bear market rally started this week.Looks like it gave us the next divergence - still valid and in play!

Source Message: TradingView
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