SPX has broken down that orange colored support. Sypher, trendline, and H&Ss all suggest that SPX is bearish. However we can't decide for sure.
Though it is a technical weakness, shorting is only confirmed if price goes below 3884.
Though it is a technical weakness, shorting is only confirmed if price goes below 3884.
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First corrective target is hit! the Cypher one at 3650.
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Close to hit the top H&Ss target, but I believe there is a double bottom has recently formed.
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H&Ss target is hit and reversed right away.
