Major Stock Crash? Short

S&P 500 IndexTVC

Description

⋅ Jul 26, 2022 10:12 PM

Convergence of the 50 week EMA and the ongoing trend line might make for strong resistance. Might see a strong rejection in a week or three. A break above and retest would be a very bullish sign.

Trend Analysis S&P 500 (SPX500)

Comments

ShanghaiCrypto

⋅ Jul 26, 2022 10:14 PM

This pic doesn’t show the chart well, but the trend line has been resistance several times.