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S&P 500 Index
Short

SPX at verge of breaking down?

115
SPX is treading dangerously in a bearish wedge formation with multiple bearish divergences in RSI.

A breakdown from here could send it around 6200 zone. And that might just be beginning of the fall everyone is waiting for, on account of excessive debt and inflation situation.
YetAnotherTA
True Wave Scanner - scanner.elliottwavestrading.com
Also on:
SPX (S&P 500 Index)S&P 500 (SPX500)SPDR S&P 500 ETF (SPY) wedgebreakdownwedgeformationWedge

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.
SPX (S&P 500 Index)S&P 500 (SPX500)SPDR S&P 500 ETF (SPY) wedgebreakdownwedgeformationWedge
YetAnotherTA
True Wave Scanner - scanner.elliottwavestrading.com
Also on:

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.