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S&P500 Index (SPY) Will We Drop Lower? 📈

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S&P 500 index (FX:SPX500)  
VasilyTrader Uppdaterad   
FX:SPX500   S&P 500 index
Elliott Wave Fundamental Analysis Economic Cycles indexes S&P 500 (SPX500) S&P 500 E-Mini Futures S&P 500 US30 dowjones us100
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elliottwaves fundamental economiccycle indexes spx500 es1! sp1! us30 dowjones us100
snapshot

S&P500 index is trading in a bearish trend.
The price keeps setting lower lows and lower highs.

Setting a lower high this week, the price is retesting a current low now.
Watching how the price was acting from the beginning of April,
it looks like we may drop again.

If the price sets a new lower low lower close on a daily,
I will expect a bearish continuation to 3750 structure.

Be prepared!

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