SPX short term targets (15 min chart): might bounce a little

20 Kas 2018

Quick plot to see how these targets work out.
Should get a bounce at one of the green zones, but lets see.

This is an update to my longer time frame analysis, expecting more drops :

20 Kas 2018

Not

Just hit first target, I think it will to the lower on before bounce

20 Kas 2018

Not

Bulls might hold this first zone

20 Kas 2018

Not

close up of the action in that first support zone pierced a bit, which is a bit worrysome. It if had bounced clean off either top of bottom boundary, would be more confident of a bounce. I still think it might head to the next lower zone

20 Kas 2018

Not

Bounce looking better rn, but bulls need to get past the grey zone above, was pretty strong support previously.

20 Kas 2018

Not

20 Kas 2018

Not

Struggling at previous support, as suspected

20 Kas 2018

Not

Bulls trying hard but this zone looks to be failing

20 Kas 2018

Not

Lower target hit! I think we might get a bounce here soon

20 Kas 2018

Not

ruh roh, stock markets in serious trouble. Maybe a bear trap before NY open but it looks bad