$SPX - Long Term Resistance!
SPX has turned lower off quarterly resistance. The chart shows a relatively expensive market. Thus a mild bear market is possibly beginning. If that is the case, then SPX may lose all gains since 2016 as shown with a measured decline.
SPX has had a great run, but may be ready to retrace some of the gains.
Quarterly
Source: http://cyclicalmarketanalysis.blogspot.com/2018/12/spx-long-term-resistance.html
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