Chart says all. Looks quite Bearish but no capitulation as of yet. C waves tend to be fierce and furious. See what it does when Gap fills from 9/04.
Bulls will likely return for another crack at ATH if they can hold the line near 26200. SPX should find support near 2900, at least in this first downdraft. Second support at 2860; breakdown through these levels will...
Its Going down due to the following news from US(Watch Price Actions 6hrs From NOW)
1.Durable Goods Orders, released by the US Census Bureau
2.Initial Jobless Claims released by the US Department of Labor
3. FOMC Member POWELL Speech that therefore trigger a short term movement positive or negative trends
4. Funds are going out base on Money Inflow Indicator(Smart...
