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S&P 500 Index

$SPX possible ABC correction

By APOinvestment
SPX hit a rejection at the 0.702 retracement fib 4745 and potential could be in an ABC correction that could be the start of a larger selloff down to 4400 eventually. SPX is now currently battling the 4645 area, a break above 4650 should take it to 4700 next where it’ll face resistance and likely resume a downward trend. SPX breaking above 4745 will invalidated the bearish setup
Chart PatternsSPX (S&P 500 Index)S&P 500 (SPX500)spxanalysisspxforecastSPDR S&P 500 ETF (SPY) Trend AnalysisWave Analysis
APOinvestment

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