.SPX: What's Going on Next?

MasterWU

2024-12-31

Hello everyone! Today i want to share some technical analysis with you!

Alternate Count: $.SPX(.SPX)$

(1) my primary count points to a very bearish development in next few sessions to stretch the leg downwards;

(2) however, today's rebound has more leaning toward a larger sideway moves, extending to 1/7 or later.

(3) the roadmap is NDX's 1-hour--same as SPX.

H&S at 5-min chart:

(1) SPX may have formed a smaller H&S at 5-min chart;

(2) after breaking the shoulder line, today's rebound touched that line again--see the black arrow--then rejected so far.

(3) if close below this line, the nominal target would be 5800-20--lower than 5832

Follow me to learn more about analysis!!

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Today i want to share some technical analysis with you!1.Alternate Count: <a data-mention-id=\".SPX\" class=\"teditor-mention\" data-mention-name=\".SPX\" href=\"https://ttm.financial/S/.SPX\">$.SPX(.SPX)$</a> (1) my primary count points to a very bearish development in next few sessions to stretch the leg downwards; (2) however, today's rebound has more leaning toward a larger sideway moves, extending to 1/7 or later. (3) the roadmap is NDX's 1-hour--same as SPX.<img src=\"https://community-static.tradeup.com/news/4d32196a326a159af866702bcf3c3f4f\" tg-width=\"1765\" tg-height=\"1144\">2.H&amp;S at 5-min chart: (1) SPX may have formed a smaller H&amp;S at 5-min chart; (2) after breaking the shoulder line, today's rebound touched that line again--see the black arrow--then rejected so far. (3) if close below this line, the nominal target would be 5800-20--lower than 5832<img src=\"https://community-static.tradeup.com/news/dee04ee2b129d51625097507e93aedcb\" tg-width=\"2478\" tg-height=\"1147\">Follow me to learn more about analysis!!</body></html>","htmlText":"<html><head></head><body>Hello everyone! Today i want to share some technical analysis with you!1.Alternate Count: <a data-mention-id=\".SPX\" class=\"teditor-mention\" data-mention-name=\".SPX\" href=\"https://ttm.financial/S/.SPX\">$.SPX(.SPX)$</a> (1) my primary count points to a very bearish development in next few sessions to stretch the leg downwards; (2) however, today's rebound has more leaning toward a larger sideway moves, extending to 1/7 or later. (3) the roadmap is NDX's 1-hour--same as SPX.<img src=\"https://community-static.tradeup.com/news/4d32196a326a159af866702bcf3c3f4f\" tg-width=\"1765\" tg-height=\"1144\">2.H&amp;S at 5-min chart: (1) SPX may have formed a smaller H&amp;S at 5-min chart; (2) after breaking the shoulder line, today's rebound touched that line again--see the black arrow--then rejected so far. (3) if close below this line, the nominal target would be 5800-20--lower than 5832<img src=\"https://community-static.tradeup.com/news/dee04ee2b129d51625097507e93aedcb\" tg-width=\"2478\" tg-height=\"1147\">Follow me to learn more about analysis!!</body></html>","text":"Hello everyone! Today i want to share some technical analysis with you! 1. Alternate Count: $.SPX(.SPX)$ (1) my primary count points to a very bearish development in next few sessions to stretch the leg downwards; (2) however, today's rebound has more leaning toward a larger sideway moves, extending to 1/7 or later. (3) the roadmap is NDX's 1-hour--same as SPX. 2. H&S at 5-min chart: (1) SPX may have formed a smaller H&S at 5-min chart; (2) after breaking the shoulder line, today's rebound touched that line again--see the black arrow--then rejected so far. 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