SPX Exhaustion Down Thrust

Mar 9, 2023

Expecting (as is more common on a H&S setup) one last major deep push to finish this week or next week, with violent reversal. The volatility is wild, yeah? But today should not have broken the 3954 ish level, if it was going to keep using it as support on the mid term point of control. Not seeing any covering. I'd expect one last run down. Stocks like rivian are setting up for that also. Slowing down, but a sharp down spike on low selling volume expected.