AcornWealthCorp

SPX - S&p 500 Index to decline down to 2260 area soon!

Short
TVC:SPX   S&P 500 Index
S&p 500 Index is right at its upward channel support. It has moneyflow divergence. We think it will decline Breaking the upward channel formation.
Break of upward channel will bring it down to a target of 2260.

Interestingly on the weekly farm SPX is in upward channel support, and break of that suggests a similar target.

Like what you see? Get full access to our 3X daily members only video/txt alerts & live trading room at www.smartmoneytrading.com/now

Check out some of our free video examples @ smartmoneytrading.com/insights/
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.