S&P 500 Index Strong Drops Coming Monday!

SP:SPX   S&P 500 Index
Next week can signal pure blood for the S&P 500 Index (SPCFD:SPX).

We shared a trade idea warning of an upcoming drop after the SPX hit a new all-time high. This is shown in a shorter time frame below:
As you can see, this index will continue moving lower.

  • I expect support to be found at the blue dashed lines.
  • Resistance, in case the SPX index bounces, can be found at the magenta dashed lines.

All of the chart signals are described in the previous trade idea and are still valid.

Thanks a lot for reading.


✅ Free Cryptocurrency Charts, Trades & More... 👉

📲 GET PAID! 5 UNIQUE/PAID Telegram Channels 👉
(Up To 50% Referral Commissions)

Related Ideas


The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.