AlanSantana

S&P 500 Index Confirmed Bearish (Support Levels)

Short
SP:SPX   S&P 500 Index
How are you doing today?

Recently I shared a chart for you predicting a drop for the S&P 500 Index (SPX)... We still had some mixed signals but prices looked like they peaked and so it is... See it you:
Now, we have a better idea as to what will happen next.
We have the same chart setup as before but after a lower high, more red volume and the indicators also going red.

This is all telling me that the SPX can crash if 3000/3020 (EMA50/MA200) breaks.

The tendency is now lower... What's your take?

Thanks for reading.

Namaste.

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