Get started
S&P 500 Index

S&P-500 - is megaphone indeed playing out?

By Silvestrov
SPX went below February highs and broke down key support levels.

If megaphone is indeed playing out, we are just at the very beginning of the move down.

"Buying the dip" might lead to some very negative surprises at the moment, so extra caution is required.
Chart PatternsEquitymegaphonemegaphonetopSPX (S&P 500 Index)S&P 500 (SPX500)Support and Resistanceusindex
Silvestrov
Also on:

Related publications

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.