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S&P 500 Index
Short

SPX Updated Thoughts 5/19/22

207
I am continuing my bearish sentiment on SPX for now.
Most importantly on this chart is the dotted trendline that shows a support line converting into a resistance line where we are currently
I believe this will lead to bearish results and respect given to the solid downtrend line, finding support once hitting 0.618

A Planned Formation - Wedge



Bixley
Chart PatternsSPX (S&P 500 Index)S&P 500 (SPX500)spx500analysisspx500forecastspx500longspx500shortUS SPX 500spxanalysisSPXSTrend Analysis

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Chart PatternsSPX (S&P 500 Index)S&P 500 (SPX500)spx500analysisspx500forecastspx500longspx500shortUS SPX 500spxanalysisSPXSTrend Analysis
Bixley

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.