$SPX - Bearish MACD crossover

SmartReversals
10-25

$.SPX(.SPX)$ - Bearish MACD crossover and the diagonal of lower highs continues rejecting price.

As mentioned previously, the best case scenario for this week is a weekly indecision candle, as of today there has been a 0.93% weekly decline. Today all eyes are on the 20DMA, if it is broken the lower Bollinger band is the usual destination, today at $5673.

$Tesla Motors(TSLA)$ soared beautifully as expected, but it cannot move the whole market.

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GM! Futures are 🟢, and TSLA more. Yesterday I shared a navigation guide for SPX after market closed, it is in the latest publication⬆️, open for everyone💚. The gap flipped for Testa, be mindful about that.

Take Profit as S&P Hits 5800 or Hold Till 6000?
As the stock market hits record highs more than 40 times this year, there are concerns that history might repeat itself and another financial crisis could occur. ---------------- Will S&P 500 hit 6000 by year-end as institutions predict? Would you take profit and stay cautious ahead or hold till the year-end?
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