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S&P 500 Index
Short

Start of bearish cycle for equities $SPX

113
SPX confirming trend reversal on high time frame as it attempts to breach the 50 weekly MA for the first time since the start of the 2022 bear market. Macroeconomic environment is full of uncertainty and recession signals, with POTUS Trump openly confirming that some short term pain in assets is needed for the US economy to reset and go on a better path forward.
HF_69420
Also on:
Bearish PatternsBitcoin (Cryptocurrency)Chart PatternsFundamental AnalysisrecessionSPX (S&P 500 Index)S&P 500 (SPX500)SPDR S&P 500 ETF (SPY) Trend Analysis

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Bearish PatternsBitcoin (Cryptocurrency)Chart PatternsFundamental AnalysisrecessionSPX (S&P 500 Index)S&P 500 (SPX500)SPDR S&P 500 ETF (SPY) Trend Analysis
HF_69420
Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.