SPX Review vs Wall St Cheat Sheet

Today I have a special chart showing the S&P 500 (SPX) on a monthly basis using the Wall St Cheat Sheet.

I added in my bottom target range for this bear market cycle as well as multiple support and resistance areas, and a multi-year trend line. Once the price goes below the multi-year trend line, the Denial phase onward will begin in my opinion.

This is a multi-year chart so don't expect everything to move quickly. When zooming out, the SPX looks bearish for a while.

What are your opinions on this? I love reading your comments below.

Disclosure: I am not the creator of the "Wall St Cheat Sheet" but it has been a wonderful tool to compare against. This chart review is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #millionaireeconomics