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antrap77
Feb 25, 2021 8:49 PM

SPX rushing to 3775: bounce or go down 

US SPX 500OANDA

Description

SPX nose diving to 3775 - bull trendline major support.
Monitor closely that level to understand next developments.
Breaking through trendline would mean free falling (see Fibonacci's levels), differently it will go back to 3900 and more.
Interesting !

Comment

Apparently bouncing with quite some momentum at the time of this comment
Comments
DaddySawbucks
no bounce
antrap77
@DaddySawbucks, there was quite some bouncing but now it appears on the way down again. Awaiting major test at secular trendline...
jmai64
Bounce and then drop
antrap77
@jmai64, it seems you are right!
Ru5ty_Nail
bounce
antrap77
@Ru5ty_Nail, it actually did bounce right away but now it looks on its way down again. Bouncing back soon?
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