Not that DTL's are 100% reliable, but given the current state of the market, and weakness in other indices, such as IWM, SPX looks exposed going into the holiday weekend. Mon/Tue action will be telling.
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This is an ES_F chart, not SPX. See
Trouble for ES (emini) Ahead?
for the proper idea.
bearmarketChart PatternsDTLSPX (S&P 500 Index)

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