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UnknownUnicorn2413721

S&P 500 still bearish - not safe to be long.Best cash or short.

Short
S&P 500 Index (SP:SPX)  
UnknownUnicorn2413721  
SP:SPX   S&P 500 Index
Support and Resistance Trend Lines Candlestick Analysis
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supportandresistance trendline candlestick
Key resistance levels were rejected. Stock RSI, RSI, CCI and others are all firmly negative. Candlesticks are lower highs and lower lows. Appears we'll need to head into oversold conditions again in order to go long. This is not a safe time to be long. Momentum shorts are more daring as shown by higher volume.
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