SPX Lowest Point In 1 Year... More RED Coming!

9 de mai. de 2022

The S&P 500 Index (SPX) just hit its lowest point since March 2021, marking a new bearish milestone.

This is the lowest the SPX has been in more than a year.

We also see a break below EMA100 (blue line).
The last time this happened was back in 2020 and prices went on to drop further after this signal showed up.

EMA300/MA200 are the next target for the upcoming major drop.

The SPX also broke below EMA100 back in 2008... This lead to a massive crash, today this index is in a similar situations... Bad times ahead:

(Jan. 24) S&P 500 Index Downward Pressure

(Mar. 4) SPX | S&P 500 Index (Additional 30-50% Drop)

(Jan. 26) 50-60% Crash Incoming for S&P 500 Index (SPX)

(Jan. 19) S&P 500 Index Bearish Potential

Feel free to leave us a comment.

Thank you for reading.

Namaste.