SPX looking gloomy
Quick TA on SPX, looking bearish after overextension from its uptrending channel, double topping before falling back sharply into its channel.
Look out for the lower support line of the channel - if this does not hold, we may be setting up for some massive downward capitulation.
Look out for the lower support line of the channel - if this does not hold, we may be setting up for some massive downward capitulation.
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