EuroMotif

SPX short term targets (15 min chart): might bounce a little

FOREXCOM:SPXUSD   US SP 500 CFD
Quick plot to see how these targets work out.
Should get a bounce at one of the green zones, but lets see.

This is an update to my longer time frame analysis, expecting more drops :




Comment: Just hit first target, I think it will to the lower on before bounce
Comment: Bulls might hold this first zone
Comment: close up of the action in that first support zone pierced a bit, which is a bit worrysome. It if had bounced clean off either top of bottom boundary, would be more confident of a bounce. I still think it might head to the next lower zone
Comment: Bounce looking better rn, but bulls need to get past the grey zone above, was pretty strong support previously.
Comment:
Comment: Struggling at previous support, as suspected
Comment: Bulls trying hard but this zone looks to be failing
Comment: Lower target hit! I think we might get a bounce here soon
Comment: ruh roh, stock markets in serious trouble. Maybe a bear trap before NY open but it looks bad
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