S&P 500 Index
Short

SPX Daily Bearish Signals

The S&P 500 Index (SPX) is trading within a descending channel.
Lower highs and lower lows.



These signals point to lower prices.

Conditions for change

The SPX needs to break and close above 3970 daily to reconsider bullish potential.
A close above 4100 is needed to move ahead.

Any trading below 4100 and the bearish potential we are seeing now stays in play.

Namaste.

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