Using the fan principle theory, if the trend line has been penetrated 3 times, meaning there is a trend reversal from the previous one.
From this chart we can see, the SPX has started to go down
while from the AD line, it's also been penetrated 2 times. this is giving another confirmation that the SPX is in bearish season
We expect the SPX will land to its support on level 4205 to 4107
From this chart we can see, the SPX has started to go down
while from the AD line, it's also been penetrated 2 times. this is giving another confirmation that the SPX is in bearish season
We expect the SPX will land to its support on level 4205 to 4107