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JamesFlem
Nov 23, 2022 3:11 PM

SPX reversal incoming? Short

S&P 500SP

Description

An enjoyed bear market bull run by many again for the 4th time. still so many market catalyst in my opinion that could shock the market. it will only take one for the market to reverse and from a technical point of view there's plenty of reasons for an incoming reversal.

Major Trend line
overbought RSI
gap fill
and many others. I see it potentially breaking the trend line as a fake out to ruin the bears before going lower. not sure if the bottom is already in though
Comments
JamesFlem
target hit I expect gaps to be filled at 3850
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