Price Level Rejection and RSI Overbought SPX500 (Short)

4 พ.ค. 2014

SPX500 is definitely in a uptrend, and even though there is a price resistance @ 1897, this kind of price action are usual for SPX500. (Thus I believe we are going to break that level)
We can see a rejection on previously mentioned level, but also RSI Negative Divergence confirming price reversal on that level.

Have a nice trading week,

V.