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$SPX S&P 500 has stayed within Bearish Channel as it falls 3.85%

Short
S&P 500 Index (SP:SPX)  
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SP:SPX   S&P 500 Index
Trend Analysis Chart Patterns Technical Indicators S&P 500 (SPX500) trading strategy Bearish Patterns investing
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trendanalysis chartpattern indicator spx500 trading strategy bearish investing
$SPX S&P 500 has been trading within typical bearish channel and almost touched the high near 4100 when it fell again on Wednesday. The index ETF is down by almost 4% amidst heavy selling and probably short term profit booking. Also, as the monthly options expire on Friday, the traders are probably looking for settlement.

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S&P 500 looks bearish at the current level
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