MACD Divergence show Pressure on the Indexes

Jul 24, 2020

With all of the major components like AAPL, MSFT, AMZN down, it must be putting pressure on the indexes that they are a part of & how about Volatility(VXX)? Is is showing any clear upside patterns? What about the short indexes like SPXS & QID? Do we get “confirmation” from these?

 

VXX 30 minute MACD divergence 7-23-20

 

SPXS 30 minute MACD divergence 7-23-20

 

QID 30 minute MACD divergence 7-23-20

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