SPX - BIG PIC - Could get ugly

7 thg 3, 2021

So, in looking at the monthly SPX chart, it appears that it is running an expanding triangle with an upside target at 4136. Once that target hits, there is a reasonable chance of a hard sell off and a large ABC down to the 1830 area (yes, 1830.... I certainly hope that doesn't happen, but it is one of many possibilities