Updated

SPX at a critical level: S&P500 could go either way

This is a follow up to my series of SPX plots shown below.

Last Friday and this Monday it retraced exactly as expected in my last plan.
Now it is at a very important price. Could so a LITTLE lower with panic but not much.

Note

Interesting week of decision making

Bulls held the 'last line of defense' but that support is now exhausted for sure. If approached again, it will fail. But the bounce does look to have some strength. I will evaluate over the weekend and post a new idea for next week.

EuroMotif

the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag

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EuroMotif

the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag