View: slopechart_$SPX.jpg

slopechart_$SPX.jpg

Fairly new to technical analysis but seems to be an interesting trendline from the recent ATH in $SPX, tagging a couple bounces on the way down. Could be a indicating a turnaround?

Image added via SlopeCharts
slopechart_$SPX.jpg

Comments

TSLAvicTSLAvic
That and the 20-day SMA are what I'm watching. 3/31/20
MattMatt
I’m pretty comfortably short here. Even if this breaks or we keep going higher I don’t see the bad news fully priced in yet. But for now this has been holding up. 3/31/20
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