$SPX - Bearish Cross Imminent: Will the 100-Day MA Hold?
@SmartReversals:
$.SPX(.SPX)$ - Bearish Cross Imminent: Will the 100-Day MA Hold?A cross between the 20 and 50 DMAs looks imminent. The stochastic oscillator is bearish, and the current candle is suggesting further downside. The $Cboe Volatility Index(VIX)$ also supports this view. The $5776 target, shared with subscribers last weekend, now appears increasingly likely as euphoria and denial begin to subside.There has been, Bitcoin, $Palantir Technologies Inc.(PLTR)$ and $Tesla Motors(TSLA)$ injected it, no mention the denial when my Trollometer jumped mid December when the bearish reversals signals arised.Image