User: TnRevolution: My Charts:

Update $SPX Reversal Chart 

SPX reversed back to a short term sell today, putting all three timeframes on a sell again. A couple things of note. Notice how the retracement off the August low moved right up to the intermediate term reversal level, and immediately turned back down. Speaks volumes to where we are at. Also the trend line off the low was broken today at nearly the same point of breaking the short term reversal level. All signs point to the heavy selling returning in force next week.


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