MacD_Bollinger

The strength is missing, where's the strength?

Short
SP:SPX   S&P 500 Index
-The bias of the SPX index is still bearish as shown in previous analyses. See the reasons by clicking here and here.

-Prices are still working inside the huge bearish channel and respecting the long average and LTB as resistance.

-The daily chart even formed a high pivot (repeat) to try to reach the 4000 region, however, if prices do not manage to stay above 3961 we will see a test at 3800.

-On the hourly chart we see prices losing the long average, therefore, it opened precedents for testing in the following regions: 3866 and 3852, where, with prices working below 3852, we can have a test at 3791.

-Tesla pursued the planned target, will the asset now hold above $102?
See by clicking here!

-Do your analysis and good business.
-Be Aware, If You Buy, Use Stop!
-See below for other reviews.

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