SPX 500 weekly target area reached

From here to 3900 should be support, we are on the weekly BB as well. If not a bigger move down is coming with a retest of 4k before the bigger fall. Bounce to 4200 seems possible, may be slow and look like a bear flag. Will update more targets on this chart later if the bounce occurs soon.

Commentaire:

IF we bounce, my guess is to 4180ish when we'll meet the structural trendline and the 18ma on daily BB.