Testing descending channel, once confirm, downtrend will continue going downside.
Testing breakout channel and start continue bearish momentum test previous low support zone
Likely head and shoulder pattern and resistance zone hold which is reversal developing right shoulder. Will looking forward down move test the support zone and if breakout will looking for further downside.
Down channel breakout which is also test trendline bounce up from here. Will see some test and bullish trend will continue going up test previous high and possible can breakout higher.
After breakout the triangle and come back retest resistance high and strong reject, will looking for short momentum for midterm.
Major trend still strong bearish, ABC wave pattern pullback breakout and downtrend still possible continue going down. This pullback wave ABC this could be wave for the major trend wave 4 and continue going down for wave 5.
Consolidation channel breakout which is bearish flag pattern, bearish still continue going downtrend.
Trend start bullish momentum and at moment still sideway range of the support zone, once confirmation this level strong support will continue looking for bullish high.
Pullback retest support zone and likely still want continue going up channel. At moment need wait to breakout the resistance, once breakout will looking for continue bullish momentum going higher wave 5 test the high resistance.
Still in channel range bullish momentum will looking to touch the supply zone.
Will looking some pullback at this level to make wave 4 after finished minor 1-5 Elliot wave. Need to see some pullback retest support level before going higher make wave 5 outlook.
Will looking up move testing the resistance zone breakout and if level hold which mean possible create right shoulder and will make head and shoulder form and will looking for down move if the head and shoulder valid.
After retest 3rd time make triple bottom trend continue and breakout the resistance for new high and the bullish momentum still continue up trend.
New high record breakout for spx, still there gain momentum move before it pullback test the breakout zone.
Still in down channel, will looking to see some up momentum test the previous resistance and descending channel resistance line before make any further down move. Also this up move possible make right shoulder and if right shoulder valid downside will continue.
At moment the ascending channel still in range, will looking pullback for test the support channel before continue or breakout.
Atm still in sideway range, will looking breakout further down test support. Once breakout confirm will look for short.
Still in sideway range at moment, will looking breakout further down to retest main trendline and support zone.