S&P 500 Index | More Red? Looking Extremely Bearish
Updated
We can only look at past history here... The S&P 500 Index (SPX) is likely to produce more down/drop/red, all the signals and indicators are FULL BEARISH.
I've marked all the levels on the chart.
The blue dashed line is the "first target", the bold dashed line lower is for the "worst-case scenario" only... It looks like this is where the index is heading.
We see a recovery long-term.
Previous trade ideas:
Jan 5, 2020 | S&P 500 Index Hits New All-Time High, Ready To Drop?
Aug 23, 2019 | Dow Jones Industrial Average Risks Strong Drop!
Thanks a lot for your continued support.
Feel free to leave us comments and likes.
Namaste.
I've marked all the levels on the chart.
The blue dashed line is the "first target", the bold dashed line lower is for the "worst-case scenario" only... It looks like this is where the index is heading.
We see a recovery long-term.
Previous trade ideas:
Jan 5, 2020 | S&P 500 Index Hits New All-Time High, Ready To Drop?
Aug 23, 2019 | Dow Jones Industrial Average Risks Strong Drop!
Thanks a lot for your continued support.
Feel free to leave us comments and likes.
Namaste.
Comment
-💾 The U.S. Dollar Bullish Against The Euro | Rising Channel
💾 FLASKBACK | Sept 19, 2019 | Euro Potential Bounce Against The Dollar | EURUSD
🔝 The Greatest Cryptocurrency Analysis on Earth!
followalan.com
🔥 6-In-1 ULTIMATE Package Offer Now Live! (The Best In The Market)
lamatrades.com (Since 2017)
🚨 The Best Trade-Numbers In The Universe
alansantanatrades.com
followalan.com
🔥 6-In-1 ULTIMATE Package Offer Now Live! (The Best In The Market)
lamatrades.com (Since 2017)
🚨 The Best Trade-Numbers In The Universe
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.