S&P 500 IndexShort
Long term Bearish signs SP500 - MT 3200
Rejected from top of descending channel with double top figure.
Closing under the 1-day 50MA and Supertrend.
Opening Boiler Bands with a down move toching it.
1s Targer 3500 - 50% fibonaci level and bottom of last move.
2nd Target (Main Target) 3200 - 61.8% fibonaci level.
3rd Target (REKT) 2760 - 78.6% fibonaci level.
Closing under the 1-day 50MA and Supertrend.
Opening Boiler Bands with a down move toching it.
1s Targer 3500 - 50% fibonaci level and bottom of last move.
2nd Target (Main Target) 3200 - 61.8% fibonaci level.
3rd Target (REKT) 2760 - 78.6% fibonaci level.
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