The_Unwind

"Ominous New Sell Signal" Daily Update 10/26/23

Short
SP:SPX   S&P 500 Index
The S+P 500 has broken down thru very important chart support at 4179,
this morning rendering a new and more urgent sell signal on the US stock market !

Are you paying attention ?

Those who attempted to "buy the dip " at 4179 have been burned.
Those who abandoned their bearish bets early, are now simply out to pasture with the rest.

It takes TIME, which is the often the overlooked factor in major market moves.
Study Gann for further insight.
It's when the majority "give up", that the market makes its move,.. and not before.

In the meantime, I do recommend you consider the seriousness of this new market breakdown

SPX Noon OPEN 4156.70

THE_UNWIND
WOODS OF CONNECTICUT




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