SPX
Not looking like a buy the dip opportunity at all. Next target is the coincidental Q and M pivots down near 5,300. That will also fill the gap from June. From there its a wait and see. Either more downside or a recovery after exits and accumulation.
Note
So now SPX is down at monthly pivot. Odds should provide a fair chance of a bounce here. A bounce, maybe not a recovery. The market will reveal itself when its ready!
Related publications
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.
Related publications
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.