S&P 500 Index Correction Just Getting Started (Chart Update)

23 thg 1, 2022

Here we have the daily chart for the S&P 500 Index (SPX):

We can see prices agressively moving below MA200 while increasing bear volume.

We also have strong momentum for the bears on all fronts.

This correction is only getting started.
There will be lower prices.
Additional details on the chart.

Previous analysis (19-Jan.):

Thank you for reading.

Namaste.