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mcrobbie

SPX rugpull scenario

Short
S&P 500 Index (OANDA:SPX500USD)  
mcrobbie Updated   
OANDA:SPX500USD   S&P 500 Index
Trend Analysis
4
0
trendanalysis
Spy has broken trendline (Green), if it can push below major support (Orange) -- down.

1st Target ~3800ish.
Comment:
SPX broke key resistance, and now awaits a third touch on the downward trendline (Orange), possibly testing support turned resistance.
The idea still holds.

snapshot
Comment:
Saw third touch confirming downtrend, now battling stubborn levels before likely downmove. Follow VIX and watch DXY/US10Y for timing/reversals.

snapshot
Comment:
Downtrend invalidated... watch for pop back above resistance for 400+
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