MoneyPatterns

SPX – Bearish Trend on Weekly – Finally Here

Kort
OANDA:SPX500USD   S&P 500-index
Chart Details
4HR view shows heavy sell volume and bearish EMA cross.
Weekly and Daily view both show bearish trend. Most important Weekly – bullish trend since Sept.
Bearish EMA cross on Daily should confirm at 3250
Target for exit 3191
Watching RSI around 46 for exit bearish, enter bullish

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I am not a financial advisor. My comments and reviews are based on what I do with my personal accounts and on www.moneypatterns.com


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