Plan_Trade_Repeat

SPX starts its bearish season?

Short
SP:SPX   Indice S&P 500
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
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