S&P 500 INDEX (SPX) APRIL, 02, 2020
SPXPivot Point: 2910.43 (65 day EMA)
The long-term trend is considered Bearish when SPX is below the 65 day EMA
Our view: Short positions below 2910.43 (65 day EMA)
Comment: SPX remains Bearish below the 2910.43 level
Alternative scenario: Above 2910.43 SPX becomes Bullish, expect further upside to higher levels
Trading Methodology: Triple Screen Trading System by Dr. Alexander Elder
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