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SPX: More Red Days Ahead

Short
S&P 500 Index (SP:SPX)  
LA_Designer  
SP:SPX   S&P 500 Index
Trend Analysis SPX (S&P 500 Index)
1
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trendanalysis spx
The global markets are getting nuked. DXY just broke 105 resistance, FED rate hikes are seeing no end in sight, and the SPX is approaching the 200W MA. I think we can easily see at least another 5% - 7% drop before any significant move up.

Weekly RSI is very oversold.
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