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xTako

Ready for 4217 SPX?

Short
S&P 500 Index (SP:SPX)  
xTako  
SP:SPX   S&P 500 Index
Supply and Demand
5
1
supplyanddemand

  • The last time SPX crossed the weekly supply, there was a 10% multi week drawdown.
  • The pattern follows now and being a even more significant level now, be ready for 4217 in SPX in a few weeks, before any weekly uptrend.
  • Invalidation: Weekly SPX close above 4766.
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