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S&P500 Index (SPY) Very Bearish Outlook

Short
S&P 500 Index (FX:SPX500)  
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FX:SPX500   S&P 500 Index
Parallel Channel Trend Lines Elliott Wave indexes S&P 500 (SPX500) S&P 500 E-Mini Futures S&P 500 dowjones US30 nasdaq NASDAQ 100 CFD
24
8
parallelchannel trendline elliottwaves indexes spx500 es1! sp1! dowjones us30 nasdaq nas100
snapshot

2 important bearish breakouts on S&P500 Index on a daily:
the price broke and closed below a support line of a rising parallel channel,
the price violated a horizontal demand zone.

Look for shorting opportunities from the underlined blue area.
I will expect a bearish continuation to 3750 from that.

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