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SPX Bearish Potential Resuming

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S&P 500 Index (SP:SPX)  
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SP:SPX   S&P 500 Index
Trend Analysis Technical Indicators Beyond Technical Analysis SPX (S&P 500 Index) S&P 500 (SPX500) index sp500index
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trendanalysis indicator beyondta spx spx500 index sp500index
We first spotted a bearish correction that was incoming to the NDX (Nasdaq), SPX (S&P 500 Index) and DJI (Dow Jones), the B wave ended in late January.

We are now experiencing a bounce and we have a potential high for wave B.

All that is left now is wave C to be completed.

We also have a bearish candlestick pattern formation in the past few days.

A break below EMA10 and the "inflation"/Fed tapering problem... The markets are set to correct.

Check the "Related Ideas" below for previous articles.

Thank you for reading.

Namaste.
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