SPX Lowest Point In 1 Year... More RED Coming!
The S&P 500 Index (SPX) just hit its lowest point since March 2021, marking a new bearish milestone.
This is the lowest the SPX has been in more than a year.
We also see a break below EMA100 (blue line).
The last time this happened was back in 2020 and prices went on to drop further after this signal showed up.
EMA300/MA200 are the next target for the upcoming major drop.
The SPX also broke below EMA100 back in 2008... This lead to a massive crash, today this index is in a similar situations... Bad times ahead:
(Jan. 24) S&P 500 Index Downward Pressure
(Mar. 4) SPX | S&P 500 Index (Additional 30-50% Drop)
(Jan. 26) 50-60% Crash Incoming for S&P 500 Index (SPX)
(Jan. 19) S&P 500 Index Bearish Potential
Feel free to leave us a comment.
Thank you for reading.
Namaste.
This is the lowest the SPX has been in more than a year.
We also see a break below EMA100 (blue line).
The last time this happened was back in 2020 and prices went on to drop further after this signal showed up.
EMA300/MA200 are the next target for the upcoming major drop.
The SPX also broke below EMA100 back in 2008... This lead to a massive crash, today this index is in a similar situations... Bad times ahead:
(Jan. 24) S&P 500 Index Downward Pressure
(Mar. 4) SPX | S&P 500 Index (Additional 30-50% Drop)
(Jan. 26) 50-60% Crash Incoming for S&P 500 Index (SPX)
(Jan. 19) S&P 500 Index Bearish Potential
Feel free to leave us a comment.
Thank you for reading.
Namaste.
🔝 Daily Cryptocurrency Technical Analysis
followalan.com
🔥 PREMIUM Trade-Numbers (6-In-1 Offer Now Live!)
lamatrades.com (Since 2017)
🚨 Free PREMIUM Trade-Numbers
alansantanatrades.com
followalan.com
🔥 PREMIUM Trade-Numbers (6-In-1 Offer Now Live!)
lamatrades.com (Since 2017)
🚨 Free PREMIUM Trade-Numbers
alansantanatrades.com
Related publications
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.