S&P 500 FUTURES Daily Renko Chart 4/16/2021 – RSI Is Approaching 100.

 Below is the S&P 500 Futures daily Renko chart.  The RSI is 97, and the price is 4176.  The index continued to be resilient and a correction seemed impossible.  The earnings season will get into the full force in the next two weeks.  With the big tech companies reporting their numbers, the market should be interesting.  

On the 15 minute chart, the divergence between the price and RSI persists.  

It’s the same in the hourly chart.

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