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AlanSantana

S&P 500 Index Chart Analysis

Short
L'indice S&P 500 (SP:SPX)  
AlanSantana  
SP:SPX   L'indice S&P 500
Trend Analysis Technical Indicators Beyond Technical Analysis SPX (S&P 500 Index) alanmasters
10
0
trendanalysis indicator beyondta spx alanmasters
This is what we have now for the S&P 500 Index (SPX):

  • A rising wedge breaking down.
  • Prices going below EMA10.
  • Indicators turning bearish.

It is looking down now.

If support is found on the blue dashed line, a short-term bounce is possible before more drop, but it is likely that it goes straight lower.

Thanks a lot for reading.

Namaste.
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