Spx need to see the larger picture

117
so far the blue channel has been holding, but price still below the mid line.

If channel lost, next area of interest is the yellow deviation...

I see a possibility for a topping process or a sideways consolidation for a while to form...

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.