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FetchTeam

S&P500 Is Likely To Go Lower

Short
S&P 500 Index (SP:SPX)  
FetchTeam  
SP:SPX   S&P 500 Index
Chart Patterns Trend Analysis S&P 500 (SPX500) SPX (S&P 500 Index) US SPX 500 spx500short sp500index sp500short sp500analysis sp500forecast spxanalysis
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chartpattern trendanalysis spx500 spx spx500usd spx500short sp500index sp500short sp500analysis sp500forecast spxanalysis
The SPX made a false breakout. A false breakout means that the price attempted to break out of a pattern, or break support/resistance. The attempt is successful for a short amount of time, before the price goes back to where it was. This usually is a reversal signal.

For now i'm staying bearish, untill the price goes sideways or manages to break the resistance of the channel.
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