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S&P 500 Index
Short
Updated

Next leg down to 3.5K by mid-Oct

368
SPX both time-wise and level-wise is ready to begin the next leg down to at least 3.5K by mid Oct.
Trade active
Works great so far. More downside ahead
Trade active
Oct 12 low is still on the horizon. First target is 3491. May even drop to 3390 - pre-Covid high
Trade active
First target 3491.89 is reached.
Trade closed: target reached
That's it folks. The bottom for this month (and maybe for this year) is in. Vertical recovery is in play.
AlbCM
Beyond Technical AnalysisChart PatternsDJIdjiaS&P 500 E-Mini FuturesFundamental AnalysisSPX (S&P 500 Index)S&P 500 (SPX500)SPDR S&P 500 ETF (SPY)

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Beyond Technical AnalysisChart PatternsDJIdjiaS&P 500 E-Mini FuturesFundamental AnalysisSPX (S&P 500 Index)S&P 500 (SPX500)SPDR S&P 500 ETF (SPY)
AlbCM

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.