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S&P 500 Index
Updated

S&P 500 Index Chart Analysis

3 668
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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Beyond Technical AnalysisTechnical IndicatorsTrend Analysis
MasterAnanda
🚨 The difference between poor weak signals & PREMIUM trade-numbers lies in results. Stand apart from the crowd. #1 Since 2017. Join now 👉 t.me/lamatrades/4

🎯 LIFETIME Results: t.me/anandatrades/1183
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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.