SPX has some clear key levels in play this week. We need to see how these play out to get a realistic sense for the trend on a more medium term. I am slightly bearish, but it can turn at any point.
We are heading towards major support in the "mania" phase of Apple. Level will probably prove to be key pivot.
After yesterday,s selloff, SPX found support at the major trendline established from march lows. If this breaks, potential daily targets are set.
Potential DXY evolution & targets
