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SHORT SPX Reversed Off Resistance, Prepare For Further Drop

Short
S&P 500 Index (SP:SPX)  
FlowState  
SP:SPX   S&P 500 Index
Trend Analysis Harmonic Patterns Chart Patterns SPX (S&P 500 Index) spxlong spxshort
46
0
trendanalysis harmonicpatterns chartpattern spx spxlong spxshort
SPX reversed off its resistance at 2686 (100% Fibonacci extension , horizontal pullback resistance) where it is expected to drop further to its support at 2743 (23.6% Fibonacci retracement , horizontal overlap support).

Stochastic (89, 5, 3) reversed off its resistance at 95% where a corresponding drop is expected.
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