dRends35

SPX - Could Be On A Bounce 🏀

dRends35 Updated   
SP:SPX   S&P 500 Index
SPX could be on a bounce here with RSI hitting the same low again and SPX tagging support.

I think it may get back to the 50MA for a reversal as it did before. I'll be looking to add to my shorts if it gets there upon bearish candles.

I have covered my SPX shorts.

Not advice.
Comment:
Big rejection on 50MA today and big bearish momentum candle. Its looking bearish as can be again.


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