SPX 500 Storm Cloud Update

Loading...
Loading...
The move down, as predicted from the Bear Rising Triangle, has been achieved . The Price at 1328.41  paused and reversed at the Fibonacci level U6L2DF146  : 1328.52 .

The next down level to be tested  will be 1325 - 1321 and then 1312 - 1310 .

When the Price reaches the Lower Trend Line of the Rising Channel a reversal is expected and a "rally" will begin to take the Price back up towards the Upper Trend Line.

Market News and Data brought to you by Benzinga APIs
Posted In: TechnicalsTopicsMarketsTrading IdeasGeneralmajor indexesSPX
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...