Emanance

S&P 500 BREAKS 6.33 YEAR LONGTERM SUPPORTING TRENDLINE.

FX:SPX500   S&P 500 index of US listed shares
Not much else to say except the angle of attack this time round doesn't bode well for a bounce like it did in October 2014. Perhaps a strong sell signal to the 'confirmation traders' out there.
ChartArt
11 months ago
That trend line on your chart is powerful!

So far so bad for bulls. You posted your chart 6 months ago. I posted this bearish outlook 7 months ago:
China crash, Greece almost out of cash - A bearish 2015 scenario


The trend lines on my chart from 6 months ago are also still working:
(S&P 500 crash scenario 2015 to 2016) No deal for Greece


My last most bearish chart for the stock market is this one from a month ago. So far this bearish pattern is keeping the S&P 500 down:
[DISCUSSION] What is causing the big stock market crash of 2016?
+1 Reply
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