SPX in my opinion from here will dive into this huge value area, as a lack of orders at these prices is making it hard for it to hold itself up, with the DXY curve sloping upwards we are seeing more and more pumped in the US $ as the Stock market takes losses. The RVI indicator (meh?) has crossed over which 'could' be used to back the idea, and the red cloud 'could' suggest we have ended the large upwards move seen.
Comment:
Great hit for first target, seeing pinbars now look for more
