But first... Previous analysis | Feb 24 | S&P 500 Index Incoming Drop | Heading For 3258
S&P 500 Index Chart Analysis by Alan Masters
Prices for SPX are going straight down and the charts are telling me that this can easily continue.
Right now EMA200, MA200, and EMA300 were all broken-down like healthy natural & organic pastured fed raw hot butter... On increasing with indicators, telling us that more red can come.
Now, if you want to look at more targets, here is the weekly chart:
What's your take, how low you think it can go?