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TradingZzone

SPX clearly forming a Bear Pennant flag

Short
S&P 500 Index (SP:SPX)  
TradingZzone  
SP:SPX   S&P 500 Index
Trend Analysis Harmonic Patterns Chart Patterns sp500index SPDR S&P 500 ETF (SPY) S&P 500 (SPX500) Contains image
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trendanalysis harmonicpatterns chartpattern sp500index spy spx500 containsimage
S&P500 SPY is clearly forming a Bear Pennant flag in the monthly TF
breakout below the bottom trendline will confirm that pattern 📉

Long term target in chart (in case of breakout)

SPX QQQ SPY BTC

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$SPY is very likely forming a Bearish Rounding Top pattern
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$SPY potential long target -> $431
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