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ViniciusBaccelli

Possible dead cat bounce coming for the S&P

Long
S&P 500 Index (SP:SPX)  
ViniciusBaccelli  
SP:SPX   S&P 500 Index
Trend Analysis Technical Indicators Fundamental Analysis SPX (S&P 500 Index) DXY BTC ETH
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trendanalysis indicator fundamental spx dxy btc eth
As the markets got extremely oversold last week, it is possible to get a bounce and retest the 21 weekly MA.

The 56 weekly MA worked as support for now and we could have a good upward week ahead followed by

another leg to the downside. Also, BTC and crypto are mirroring the S&P for now as well.

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