My God. If the SETUP used is correct, technology companies will melt the SPX index.

I won't even write a text explaining why, because no one likes reading.

I will post the bearish pivot combined with a buy trap. What a thing, right?
snapshot
Supports: 4933 for the moment. Medium-term secondary support (15/20 days): 4742.

I'd better keep quiet. Because things always turn out the opposite of what the graphs show. However, they will never stop occurring at a given future moment. 30 days. Lol

Medium-term bearish pivot.
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All short-term bearish pivot targets have been caught. And in this time frame there are no signs of a change in the corrective direction, therefore, the medium and long-term target presented above is the most sensible for the moment.
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Do your analysis and good business.
Be aware, if you buy, use stop loss.
See other graphic analyzes below!
Beyond Technical AnalysisChart PatternsimagraphistTrend Analysis

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