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.
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?
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