S&P 500 IndexShort
SPX is looking bearish
After JPow's conference today, SPX has just hit the upper trend line resistance of the falling wedge it's been trending in since January.
I expect SPX to reject here and fall to around 3674 by EoY.
SPX can then possibly bounce again or fall further within the falling wedge to support.
VIX analysis for support-
DXY analysis for support-
I expect SPX to reject here and fall to around 3674 by EoY.
SPX can then possibly bounce again or fall further within the falling wedge to support.
VIX analysis for support-
DXY analysis for support-
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