$SPX - The Decline Continues

$.SPX(.SPX)$ - The Decline Continues

Very shallow, but there was red continuation, the 10DMA was breached as expected, and the Stochastic indicates the move is starting.

Even if price is to find support in any straight diagonal, there is room for continuation, anyway I like more moving averages and dynamic levels, so the 20DMA is the next one to test, and it is curling down.

Image

SPX - 2H: The Down Move Lacks of Conviction

A major top may be in or is coming, but as of today, the decline is shallow.

The 10DMA was lost as posted in the previous chart, anyway the 2H chart opened the possibilities for a positive #CPI reading tomorrow.

Manage your risk.

Image

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DARKSAMARU
12-11
DARKSAMARU
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Even if price is to find support in any straight diagonal, there is room for continuation, anyway I like more moving averages and dynamic levels, so the 20DMA is the next one to test, and it is curling down. Image SPX - 2H: The Down Move Lacks of Conviction A major top may be in or is coming, but as of today, the decline is shallow. The 10DMA was lost as posted in the previous chart, anyway the 2H chart opened the possibilities for a positive #CPI reading tomorrow. Manage your risk. 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