BHSL schreef op 1 september 2020 23:22:
www.thetechnicaltraders.com/fang-inde...FANG Index may begin to peak/top as RSI Divergence pattern sets up.
Dow Theory trend divergence confirmation suggests the end of the “Excess Rally” is near.
The VIX moving higher suggests greater concerns of increased volatility.
Dow Jones Utility Index moving lower on increased volume may be the key in a multiple-pattern set up that will confirm larger market trends.
We strongly believe we are very near to a peak in the US stock markets based on Dow Theory and the divergent trends between the indexes.
We would expect some increased volatility in the markets and a potential correction in this upside price rally. Stay prepared.