$S&P 500(.SPX)$ appears to turn Down?
$S&P 500(.SPX)$ appears to turn Down?the high at 4195 is a probable peak. $S&P 500(.SPX)$ closed below its 10 DMA.
Friday it's likely to hit hit its 20 DMA ~4050.
If it holds above it the 16-17 TD cycle low and 80 cycle TD low may occur tomorrow.
If it closes below the 20 DMA, the low will likely happen on Monday and target would be at least 4015.
As long as 3950-3980 holds it can escape major fall in short term. Expecting it to loose temper after CPI next week.
𝐓𝐫𝐞𝐧𝐝𝐢𝐧𝐠 𝐢𝐧 𝐭𝐡𝐞 𝐥𝐚𝐬𝐭 𝐡𝐨𝐮𝐫𝘈𝘭𝘭 𝘚𝘵𝘰𝘤𝘬𝘴
1. $Microsoft(MSFT)$
2. $SPDR S&P 500 ETF Trust(SPY)$
3. $Tesla Motors(TSLA)$
4. $S&P 500(.SPX)$
5. $Alphabet(GOOG)$
6. $Advanced Micro Devices(AMD)$
7. $Intel(INTC)$
8. $NVIDIA Corp(NVDA)$
9. $Invesco QQQ Trust(QQQ)$
10. $Meta Platforms, Inc.(META)$
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