[SPX] Bearish Divergence Into 3.6k and 3.25k... End of March Low
Updated
Best data I got. Probabilities will be probabilities.
Looking pretty likely we need to test 3.9-4k here first before heading back down to 3.6k again.
If we're gonna bounce and keep charging up it'll be from there but data pointing to a solid chance of falling through that level and crashing down to retest 3.25k at the bottom of the current megaphone.
Time will tell.
Looking pretty likely we need to test 3.9-4k here first before heading back down to 3.6k again.
If we're gonna bounce and keep charging up it'll be from there but data pointing to a solid chance of falling through that level and crashing down to retest 3.25k at the bottom of the current megaphone.
Time will tell.
Note
Closer...Note
Sell target nailed, buying pressure increasing but still negative on the 1D, not lookin good...Really lookin like it's gonna break under SMA 144 here, should be some deeper red after that point.
Note
It bounced, we got our break and now we're at the start of that deeper red I was talkin about...
Data analyst with a passion for best fit lines B)
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