Bull Trap Is Over?
If we look at SPX chart, we can see the bear market just interrupted by some up movement
For the intermediate term, we can see 2690 price area as potential resistance level
If the SPX price can't break that level, the bear market continues
Next support possibilities are 2540, 2420, 2280 price level
Furthermore, it's possible for SPX down into deep level, such as 1870 and 1467 price level
For the intermediate term, we can see 2690 price area as potential resistance level
If the SPX price can't break that level, the bear market continues
Next support possibilities are 2540, 2420, 2280 price level
Furthermore, it's possible for SPX down into deep level, such as 1870 and 1467 price level
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