Hawckshead

My thoughts on the SPX

Short
Hawckshead Updated   
OANDA:SPX500USD   S&P 500 Index
The 3 orange lines are fib retracements. The upper white trend is the long term trend line. We broke the first fib on the weekly candle close. I flipped and mirrored a fractal to see the possibility. Bear cases are China supply chain, high inflation and Russia Ukraine BUT always be ready to change bias.
Comment:
And one more thing. The death cross on the monthly MACD.

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