SPX 500 - lower low reached

By the_sunship
Lower low further into target area, could go as low as 3950. Again, we have steep bull divergence on the 4 hour chart. Potential target 4200 if we get buyers stepping in here. Above 4050 and chances are the BTD has started, under 3900 and we could get to 3840 area quickly. Tomorrow is the last day of the month, which is usually the day of inflows from Hedge funds and the like, but there' no guarantee we'll rally.
Chart PatternsS&P 500 E-Mini FuturesTechnical IndicatorsS&P 500 (SPX500)SPDR S&P 500 ETF (SPY) Wave Analysis
the_sunship

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