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Bixley

SPX Updated Thoughts 5/19/22

Short
S&P 500 Index (SP:SPX)  
Bixley  
SP:SPX   S&P 500 Index
Trend Analysis Chart Patterns SPX (S&P 500 Index) S&P 500 (SPX500) SPXS spx500long US SPX 500 spx500forecast spx500analysis spxanalysis spx500short
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trendanalysis chartpattern spx spx500 spxs spx500long spx500usd spx500forecast spx500analysis spxanalysis spx500short
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


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