ProfitHarvest

[SPX] Here's Why It's Struggling So Much Guys... It's So Simple!

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SP:SPX   Índice S&P 500
We have a clear six month downtrend here from the start of the year and a clear megaphone structure.

It was always going to be hard for the price to break and hold above the megaphone but it is doubly hard to hold above the megaphone AND above the 6 month downtrend.

This dead cat bounce is on its 7th life.

Data analyst with a passion for best fit lines B)
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