The possible bear flag on the SPX 15min broke down yesterday, but without much conviction, and with a decent recovery late in the day. There was no positive divergence on the 15min RSI, but if the rally sees the RSI move over the 50 line today then I would stop looking for that divergence as we don't always see it. As with the last move up, no clear trendline formed so it's hard to see any trendline resistance below the 1388 area:
Stock Trader's Almanac saying that Dow has closed up 12 of the last 15 April Opex Fridays.
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