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S&P 500 Index
Short
Feb 8, 2022
SPX Monthly | Bearish Engulfing
3
4
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9
9
The January close for the SPX ended up red, this is the bearish engulfing candlestick pattern.
We have a negative count starting on the TD Sequential indicator after a perfect nine.
We have above-average red volume on last months candle.
Last, we have a broken up-trendline.
These are all bearish signals.
Conditions for change
A close above last months high is needed to turn this thing around.
Namaste.
MasterAnanda
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Beyond Technical Analysis
Chart Patterns
SPX (S&P 500 Index)
S&P 500 (SPX500)
Trend Analysis
MasterAnanda
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💥💥💥 Gain LIFETIME access for a one-time-payment —Lowest prices ever! 👉
lamatrades.com
(Since 2017)
Results:
🥇XRP +2010%
🥇ADA +2216%
🥇TOSHI +1642%
🥇AVA +536%
t.me/anandatrades/971
🏆 More:
t.me/alansantana1111/5935
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Related publications
SPX Bearish Potential Resuming
by MasterAnanda
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