All eyes on the SPX as we see if it can finally break out of this nasty descending channel. The SPX price action has only tested the bottom of the Bollinger Bands since January 2022 and remains in a bearish trend until it can break out and reclaim 4500.
Current range 4k - 3.5k
Making lower highs and lower lows
Neutral/bearish short term
Current range 4k - 3.5k
Making lower highs and lower lows
Neutral/bearish short term