SPX more downside soon

2022년 9월 16일

SPX remains bearish.
The downsloping resistance line (yellow line) is still acting as a long-term resistance
The price is breaking down from the Rising Broaderning Wedge which is a bearish pattern.

We expect the price to get rejected from the previous support which now should be acting as a resistance.

More downside coming.
Targets shown in the chart.

Good luck

2022년 9월 27일

거래청산: 타겟 닿음

Price is close to the target 1.
We recommend to take profit now

2022년 10월 4일

노트

Target 1 reached perfectly and the price bounces.
Before reaching Target 2, more bounces expected

2022년 10월 26일

노트

As expected, the price bounce continues. Typical bear market rally.

2022년 11월 16일

노트

bear market rally about to end. Expecting the rejection and downtrend continuation. Be ready

2022년 11월 20일

노트

SPX is ready to resume the downtrend . Be careful .

2022년 12월 16일

액티브 트레이드

As expected, erfect rejections from the downsloping resistance line. Nothing has changed. Shorting it and waiting patiently for reaching targets!

2023년 1월 24일

노트

The key trendline is being tested again. If this key resistance breaks, we may see some upside.