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cbenedetto10

SPX is looking bearish

Short
S&P 500 Index (SP:SPX)  
cbenedetto10  
SP:SPX   S&P 500 Index
Trend Analysis Chart Patterns Technical Indicators
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trendanalysis chartpattern indicator
After JPow's conference today, SPX has just hit the upper trend line resistance of the falling wedge it's been trending in since January.

I expect SPX to reject here and fall to around 3674 by EoY.

SPX can then possibly bounce again or fall further within the falling wedge to support.




VIX analysis for support-

snapshot




DXY analysis for support-

snapshot



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