S&P update
We either bounce from here or we continue the downside until we hit the bottom of the trend. my SPX prediction was on point a few weeks ago. we hit way above 4800.
we can possibly begin going up from here but if we go below that red line we can reach the lower trend line of the channel in red. worse case scenario we touch the lower red line that which was a previous support from the last drop back in december.
we can possibly begin going up from here but if we go below that red line we can reach the lower trend line of the channel in red. worse case scenario we touch the lower red line that which was a previous support from the last drop back in december.
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