Day Trading Topping patterns and divergence.
The SPY is hitting it’s top, the price action had quite a bit of momentum. Compare this to transports and the Russel Index.
There is a gap in the price action where the S&P500 looks like it wants to break out and the IYT and the IWM look like they want to reverse with a Head and shoulders reversal pattern.
Head and Shoulders Topping pattern.
The post Stock market at highs showing weakness, day trading tops. appeared first on Money Maker Edge Live Trading Room Stocks.
