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S&P 500 Index

SPX broke out, but

76
...but this is just the market reacting to latest strong falls - I expect consolidation to happen until VIX goes a bit lower and this way SPX will form a HTF bearflag - leading into a breakout to the downside for the final down-trend.

Target marked on the chart.
TheSecretsOfTrading
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Beyond Technical AnalysisBitcoin (Cryptocurrency)BTCnasdaqsecretguySPX (S&P 500 Index)S&P 500 (SPX500)StocksTrend AnalysisTSGus100

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Beyond Technical AnalysisBitcoin (Cryptocurrency)BTCnasdaqsecretguySPX (S&P 500 Index)S&P 500 (SPX500)StocksTrend AnalysisTSGus100
TheSecretsOfTrading
Also on:

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.