$SPX (SP500) - CONSOLIDATION = BEARISH Short
S&P 500 index of US listed sharesFXCM
Description
⋅ SPX (SP500) - SHORT TERM UPDATE.
What is next?
The market is deciding which way to go, but we are still below the gray resistance box and in a longer-term downtrend.
Because of that, I can only assume that the current consolidation is a continuation pattern / pennant.
#SP500