The technicals are quite depressing for the SPX. Bear flag is broken. The previous correction easily could be just a dead cat bounce and now go to the deep. Some other assets are also support a bigger downtrend (at least for few months). We will see. What do you think?
I like to take a look at the long term picture. The EURUSD is at the top of the downtrend channel. Will it go DOWN now?
A downtrend channel and a HS pattern is forming. What do you think?