Indice S&P 500Mis à jour SPX update - watch for a weak bounce
I think the downtrend is done for a while regardless of how this closes today. The rsi needs to reset and a weak bounce for a few weeks would make sense. 4450 area would be an ideal bounce target, but the RSI will tell us when it's time to short again.
Good luck!
Good luck!
Note
Target area reached (18 ma weekly) overnight. If they can't rally here, then the 18ma will become resistance on the way back up when it happens. Note
ok so it bounced but it's still in this downward channel. Needs to break out of that. Note
IWM outperforming. Even if there is one more low I think the bounce comes next week. Similar head and shoulders pattern forming here. Note
channel test again, nothing has broken out yet. Hard to say how Monday is going to look. Note
still no break at close 
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.