.SPX: What's Going on Next?

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

The best NEW YEAR GIFT for bears would be a rebound to 5960 zone in the next 1-2 sessions. Several reliable indicators give me strong confidence that the neckline at 5850 would be broken--either gap over or slice through--in the next downward move. After 5850, free fall to 5700. $.SPX(.SPX)$

Though the current pattern is VERY BEARISH and indicates a MAJOR BREAKDOWN either later today or tmrw at the open; HOWEVER, I have to call to your attention, that this pattern also allows another bounce to 5955 zone, for the last bump. Just be careful there, both bulls & bears.

Don't forget this multi-layer H&S formation--that is a long-term decline pattern. If the first shoulder line at 5830 zone is broken, then the next shoulder line would come at 5700, then 5400.

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Today i want to share some technical analysis with you!1.The best NEW YEAR GIFT for bears would be a rebound to 5960 zone in the next 1-2 sessions. Several reliable indicators give me strong confidence that the neckline at 5850 would be broken--either gap over or slice through--in the next downward move. After 5850, free fall to 5700. <a data-mention-id=\".SPX\" class=\"teditor-mention\" data-mention-name=\".SPX\" href=\"https://ttm.financial/S/.SPX\">$.SPX(.SPX)$</a> 2.Though the current pattern is VERY BEARISH and indicates a MAJOR BREAKDOWN either later today or tmrw at the open; HOWEVER, I have to call to your attention, that this pattern also allows another bounce to 5955 zone, for the last bump. Just be careful there, both bulls &amp; bears.<img src=\"https://community-static.tradeup.com/news/6cd713f5726f201778fe6b36cd4aef95\" tg-width=\"2614\" tg-height=\"1146\">3.Don't forget this multi-layer H&amp;S formation--that is a long-term decline pattern. If the first shoulder line at 5830 zone is broken, then the next shoulder line would come at 5700, then 5400.<img src=\"https://community-static.tradeup.com/news/73e84867302a941a52ec8b1f740ed4e1\" tg-width=\"2686\" tg-height=\"1150\">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.The best NEW YEAR GIFT for bears would be a rebound to 5960 zone in the next 1-2 sessions. Several reliable indicators give me strong confidence that the neckline at 5850 would be broken--either gap over or slice through--in the next downward move. After 5850, free fall to 5700. <a data-mention-id=\".SPX\" class=\"teditor-mention\" data-mention-name=\".SPX\" href=\"https://ttm.financial/S/.SPX\">$.SPX(.SPX)$</a> 2.Though the current pattern is VERY BEARISH and indicates a MAJOR BREAKDOWN either later today or tmrw at the open; HOWEVER, I have to call to your attention, that this pattern also allows another bounce to 5955 zone, for the last bump. Just be careful there, both bulls &amp; bears.<img src=\"https://community-static.tradeup.com/news/6cd713f5726f201778fe6b36cd4aef95\" tg-width=\"2614\" tg-height=\"1146\">3.Don't forget this multi-layer H&amp;S formation--that is a long-term decline pattern. If the first shoulder line at 5830 zone is broken, then the next shoulder line would come at 5700, then 5400.<img src=\"https://community-static.tradeup.com/news/73e84867302a941a52ec8b1f740ed4e1\" tg-width=\"2686\" tg-height=\"1150\">Follow me to learn more about analysis!!</body></html>","text":"Hello everyone! Today i want to share some technical analysis with you! 1. The best NEW YEAR GIFT for bears would be a rebound to 5960 zone in the next 1-2 sessions. Several reliable indicators give me strong confidence that the neckline at 5850 would be broken--either gap over or slice through--in the next downward move. After 5850, free fall to 5700. $.SPX(.SPX)$ 2. Though the current pattern is VERY BEARISH and indicates a MAJOR BREAKDOWN either later today or tmrw at the open; HOWEVER, I have to call to your attention, that this pattern also allows another bounce to 5955 zone, for the last bump. Just be careful there, both bulls & bears. 3. Don't forget this multi-layer H&S formation--that is a long-term decline pattern. If the first shoulder line at 5830 zone is broken, then the next shoulder line would come at 5700, then 5400. 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