SPXL trajectory
SPX has a lot further to fall. In March 2020, was new pattern onset. Based on Sine Wave Theory, the downward trajectory will continue till it reaches the blue trend line. This will hold good if this months (November 2022) candle closes below 52.84 yielding a bearish continuation pattern.
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.