EuroMotif

SPX short term targets (15 min chart): might bounce a little

EuroMotif Mod Aktualisiert   
FOREXCOM:SPX500   S&P 500 Index
Quick plot to see how these targets work out.
Should get a bounce at one of the green zones, but lets see.

This is an update to my longer time frame analysis, expecting more drops :




Kommentar:
Just hit first target, I think it will to the lower on before bounce
Kommentar:
Bulls might hold this first zone
Kommentar:
close up of the action in that first support zone pierced a bit, which is a bit worrysome. It if had bounced clean off either top of bottom boundary, would be more confident of a bounce. I still think it might head to the next lower zone
Kommentar:
Bounce looking better rn, but bulls need to get past the grey zone above, was pretty strong support previously.
Kommentar:
Kommentar:
Struggling at previous support, as suspected
Kommentar:
Bulls trying hard but this zone looks to be failing
Kommentar:
Lower target hit! I think we might get a bounce here soon
Kommentar:
ruh roh, stock markets in serious trouble. Maybe a bear trap before NY open but it looks bad

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