A break of the blue trend and below 2612 confirms bearish thesis.
$SPX needs to get one way or the other out of the triangle. Its going to be a very tough trading weeks ahead for all of us.
In the coming days, a major bull market peak could be in place.
$SPX is close to a major bull market peak. I think that we should see the long awaited correction that has started with tech stocks today. This will spill to the broader market. I'm expecting this bearishness to continue till end of december/first week of Jan.