S&P 500 Index Confirmed Bearish (Support Levels)

How are you doing today?

Recently I shared a chart for you predicting a drop for the S&P 500 Index (SPX)... We still had some mixed signals but prices looked like they peaked and so it is... See it you:

S&P 500 Index Broke Below Support, Aiming Lower

Now, we have a better idea as to what will happen next.
We have the same chart setup as before but after a lower high, more red volume and the indicators also going red.

This is all telling me that the SPX can crash if 3000/3020 (EMA50/MA200) breaks.

The tendency is now lower... What's your take?

Thanks for reading.

Namaste.

Note

Here comes the drop...

MasterAnanda

🚨 TOP FREE Trades
ETH +1700% · AAVE +1134%
XRP +749% · DOGS +868%
BTC +563% · SOL +658%
t.me/anandatrades/1350

🚨 FREE Analyses & New Results
t.me/masteranandatrades/6499

🚨 PREMIUM LIFETIME (Since 2017)
lamatrades.com

Also on:

Related publications

S&P 500 Index Broke Belowd Support, Aiming Lower

by MasterAnanda

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.

MasterAnanda

Also on:

Related publications

S&P 500 Index Broke Belowd Support, Aiming Lower

by MasterAnanda