Why the monthly looks bearish

By loloptions
I'm bearish on the monthly unless we have a miracle on SPX500

We've had 5 bounces of this key support line, I view it like ice on a pond. Every rally after it is shorter lived and weaker since the 2nd bounce

If we retest this support area I think could be the final straw that breaks the ponds back
ESes!S&P 500 (SPX500)SPDR S&P 500 ETF (SPY)

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