Volume Spread Analysis of S&P 500

SPCFD:SPX   S&P 500 Index
Many fundamental indicators have long shown that the US stock market is overheated. So, the S & P500 stock index from mid-September refused to grow, forming a distribution range with an upper resistance of 2940! Yesterday we saw a daily impulse correction, which was quite expected. We see a continuation of the corrective decline with targets 2855, 2810, 2790!

Volumetric analysis chart in volfix
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