House of Cards Part 2: A Trifecta…Bearish Markets $SPX

Well, now its unanimous…3 out of 3 have now crossed into bearish zones. Now what? Time to sit back and keep an eye on the market, look to see if $SPX will recapture the 50 SMA and hold above. Otherwise, we will be searching out for support below these levels. I’m looking for a bounce to occur tomorrow, but the close will tell the story.

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