SPX Technical Analysis Tuesday's peak showed significant RSI and MACD negative divergences After an ugly candle on Wednesday, SPX again closed down with a near-doji -> hesitation before a continuation? It is sitting at the top of the upper Keltner -> another down day would not be good for the bulls Check my latest EW count, and cycle price projection chart
Published Aug 06, 2026Updated Aug 06, 20262 min read
SPX Technical Analysis Tuesday's peak showed significant RSI and MACD negative divergences After an ugly candle on Wednesday, SPX again closed down with a near-doji -> hesitation before a continuation? It is sitting at the top of the upper Keltner -> another down day would not be good for the bulls Check my latest EW count, and cycle price projection chart