SPX- Two options

SPCFD:SPX   S&P 500 Index
Lets jump right into it with SPX . You can see that the dpo is about the break in a bearish manner and continue the downtrend. The macd looks like there is no chance for a cross over anytime soon. If it breaks that pink support line it will fall all the way to 2340 where it meets the red median line from the pitchfork and the .5 fib. If the trend line holds I see it going to 2730 area. This will hit the a key resistance line, the gann fann line and hit the .5 fib. Once it hits that point it will continue that pattern and then we will get a huge push to the upside or a huge crash. Ik that is very general but it is really impossible to tell how A 50/50 will play out till we get closer to the end of it. Im leaning to a bearish count but the symmetrical triangle pattern is a real possibility
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