S&P 500 is at or close to a Major Bottom..

When the Squeeze momentum starts to get into the negative 20 to 30 range, a major low in the SPX -3.09% presents itself. There could be a quick plunge down to 2575-2625 area but personally I have already started to scale into longs and will keep on adding on each 0.25% lower.
Chart PatternsTechnical Indicatorssp500indexSPX (S&P 500 Index)S&P 500 (SPX500)spx500longSPDR S&P 500 ETF (SPY) SSOTrend Analysis

Disclaimer