cerealpatterns

what if we distribute further in major indices?

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AMEX:SPY   SPDR S&P 500 ETF TRUST
spx is in a correction wave of a terminal thrust distributively, and if we sink we distribute further. the .382, tram, and sss ma are levels of resistance and .618 and lower anchored vwap band are levels of support, .5 and nearby levels are pivot, but we may trend much lower in major indices. there are still bullish scenarios marked out and fib retrace levels are a guide as well as sss signal and qqe entries.

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