S&P 500 downtrend continues to at least 4,318

S&P 500 futures have respected the downtrend since Jan 4, 2022. They're headed to a support zone of 4,318 to 4,291 that was last tested in July 2021, October 2021 and January of 2022. Once they reach this zone, they might bounce... or not. I can't be sure what they'll do once they reach the zone, but it looks like they will hit that zone given the RSI is breaking to the downside from its rising wedge.
Chart Patternssp500futuresp500indexS&P 500 (SPX500)Support and ResistanceWedge

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