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S&P 500 Index
Short

S&P 500 Index Might Test Support Next (Lower Highs)

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The S&P 500 (SPX) has been printing lower highs and is losing momentum, a potential drop is developing.

On the chart above I've marked the different support levels as well as the different potential scenarios.

We believe the SPX will move lower based on chart signals and past history.

Feel free to leave a question and share your thoughts.

Previous analysis:
S&P 500 Index Dead Cat Bounce


Thanks a lot for reading.

Namaste.


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alanmastersaltcoinsBeyond Technical AnalysiscryptoindexindexesTechnical IndicatorsSPX (S&P 500 Index)S&P 500 (SPX500)StocksTrend Analysis

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alanmastersaltcoinsBeyond Technical AnalysiscryptoindexindexesTechnical IndicatorsSPX (S&P 500 Index)S&P 500 (SPX500)StocksTrend Analysis
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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.