$SPX Multi-Timeframe Technical Analysis

In this video I examine the S&P 500 over the course of multiple timeframes, challenging the perma-bull thesis that markets only go up. That being said, there is room for optimism for the short-term, as the market puts in what could be an inverse head and shoulders pattern on the daily and the MACD histogram flips green. Key trendline resistance levels are identified, however, which everyone should have on their charts!