cybernetwork

Caution: SPX may dump at any time now.

Short
cybernetwork Updated   
SP:SPX   S&P 500 Index
Sell signal on CYBER ENSEMBLE {Premium} triggered.
PRISM Oscillator's pRSI (main oscillator) entered bearish phase by crossing below its 30 VWMA.
Ichicloud reverted back into bearish state.

Economy significant impacted by the COVID-19 pandemic lockdown: jobless rates high, businesses going bankrupt, etc. no real sign of recovery yet. Market artificially propped up the FED's money printing (banana republic style).
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See also:

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Key points that wasn't mentioned in the earlier post:

+ SPX was above the VWAP but was rejected by the 200 VWMA.
+ Gap at 2573-2540
+ Bearish M-like distribution consolidation pattern/trend.
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Comment:
"NYTimes 09/Apr/2020 With $2.3T Injection, Fed's Plan Far Exceeds 2008 Rescue"
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