SPX Update for 23 September 2019

24 בספט׳ 2019

Daily for 23 September 2019
In Bull territory.

Price Projection:
HMA: Bull
Bull RSI: Bullish
Bear RSI: Neutral Bull
BSI: Neutral Bull
5 RSI: 5 day relative strength appears Bearish
Consolidation: In Consolidation between 2978.6 - 3022
Price-Trend: .8x ATR


Comments: Time to take profit? The prices have closed under the 8MA, usually a sign of profit taking.
Prices are caught in consolidation.
Neutrality has entered into the indicators and the 5 day RSI is bearish.
Might be time to lock in some profits.


** Weekly updates will always be provided, if not updated daily, it generally means the underlying primary signals have not changed since last reported. **