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dontdaytrade

SPX to go lower

Short
S&P 500 Index (OANDA:SPX500USD)  
dontdaytrade Updated   
OANDA:SPX500USD   S&P 500 Index
Chart Patterns Trend Analysis Technical Indicators S&P 500 (SPX500) SPX (S&P 500 Index) SPDR S&P 500 ETF (SPY) short
3
0
chartpattern trendanalysis indicator spx500 spx spy short
SPY has fallen below support, and now tested it and bounced off, turning it in to resistance.
It should get to one of the two lower trendlines.
Wait for a good volume bounce in order to confirm resumption of the uptrend.
Comment:
Broken below support, need confirmation on the 4/8hrly. Might not be worth shorting from here. Just get ready for the bounce up!
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