$SPX - On the Edge of the Volume Shelf.

$S&P 500(.SPX)$ - On the Edge of the Volume Shelf.

A spinning candle gives some clues for a potential reversal, but the bounce today can be attributed to a first test of the volume gap highlighted with the red arrow.

The Money Flow Index, posted last week as another top warning has also be proven true. No oscillator is oversold giving clues of a bounce.

The Bollinger bands are squeezing in 4 hours as zoomed in, a big move is coming. Most likely southbound, unless $5734 is recovered by the close.

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SPX - Monthly: The Hanging Man in August was an early signal, but not the top, as anticipated one month ago to subs. New ATH were anticipated.

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https://twitter.com/SmartReversals/status/1841613239790002288

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  • It doesn’t really matter due to growth over time
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