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Incogniteaux Incogniteaux SPX500, D, Short ,
SPX500: Currently testing major support
65 0 0
SPX500, D Short
Currently testing major support

https://www.tradingview.com/x/NQDeeAk5/ The market has turned and this is the first test of a major league support line going back to 2009. If this breaks today there may be some painful days ahead for bulls.

Incogniteaux Incogniteaux SPX500, W, Short ,
SPX500: SPX500 bearish indicators on weekly chart
392 0 2
SPX500, W Short
SPX500 bearish indicators on weekly chart

While there has been some bullish sentiment regarding the 50ma crossing up above the 100ma on the daily chart this past week, on the weekly chart we see the 50 crossing setting up to cross downward over the 100. The last time this happened was 6/23/08. The saving grace of this chart is that it seems the price has moved up above the bearish channel it was ...

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