The magic continues!

A bearish weekly candle suggests that the downward trend has commenced and the following idea published on 29th March is still valid. However, we would need to see a follow-through next week for a confirmation. An upward movement and a breach of 3230 will invalidate the idea.

A possible scenario to extract money from both bulls and bears


PS: This analysis is just for educational purposes and is not a recommendation to buy or sell. Please do your own research and trade at your own risk.
Technical IndicatorsS&P 500 (SPX500)SPDR S&P 500 ETF (SPY) Trend AnalysisWave Analysis

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