SPX Lowest Point In 1 Year... More RED Coming!
The S&P 500 Index (SPX) just hit its lowest point since March 2021, marking a new bearish milestone.
This is the lowest the SPX has been in more than a year.
We also see a break below EMA100 (blue line).
The last time this happened was back in 2020 and prices went on to drop further after this signal showed up.
EMA300/MA200 are the next target for the upcoming major drop.
The SPX also broke below EMA100 back in 2008... This lead to a massive crash, today this index is in a similar situations... Bad times ahead:
(Jan. 24) S&P 500 Index Downward Pressure
(Mar. 4) SPX | S&P 500 Index (Additional 30-50% Drop)
(Jan. 26) 50-60% Crash Incoming for S&P 500 Index (SPX)
(Jan. 19) S&P 500 Index Bearish Potential
Feel free to leave us a comment.
Thank you for reading.
Namaste.
This is the lowest the SPX has been in more than a year.
We also see a break below EMA100 (blue line).
The last time this happened was back in 2020 and prices went on to drop further after this signal showed up.
EMA300/MA200 are the next target for the upcoming major drop.
The SPX also broke below EMA100 back in 2008... This lead to a massive crash, today this index is in a similar situations... Bad times ahead:
(Jan. 24) S&P 500 Index Downward Pressure
(Mar. 4) SPX | S&P 500 Index (Additional 30-50% Drop)
(Jan. 26) 50-60% Crash Incoming for S&P 500 Index (SPX)
(Jan. 19) S&P 500 Index Bearish Potential
Feel free to leave us a comment.
Thank you for reading.
Namaste.
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