thebusiness7

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thebusiness7 thebusiness7 SPX500, M, Short ,
SPX500: SP500 MACD and RSI decline into these highs. Highly alarming
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SPX500, M Short
SP500 MACD and RSI decline into these highs. Highly alarming

The MACD and RSI are declining into these current market levels similar to prior bear markets. I overlaid the 2 recent bear market charts over the current one to give some idea of a rough time frame as to where the market is headed. There is limited upside here and a bear market may be imminent. However, this could take some time to play out

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