[SPX] Fell and Bounced EXACTLY Off RW Bottom...

SPCFD:SPX   S&P 500 Index
The RW structure caught Price exactly. Notice the meltdown when crossing red.

Looks like we have a few more days for the BTD crowd to bounce us up one last time above these red lines before we break down out of this for good.

Pullback starting next week increasingly likely.

Comment: OG Idea...


I think it'll be this week. This week is going to be tumultuous. Next week will just be worse.
+1 Reply
@pstvjb09, Very possible!
IMO got a blowoff top first THEN throwover... be careful fgs!
Any tips for positioning a portfolio if expecting a drop in equities (especially US and tech)?
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Private Messages Chat Sign Out