🇺🇸#spx

Every bear trend goes through a certain sequence:

1️⃣Test of the annual MA

2️⃣"death cross"

3️⃣Test of MA200 D1

4️⃣Drop to the two-year MA

At the moment we see:

1️⃣Test of the annual MA

2️⃣"death cross"

3️⃣?

4️⃣?

To not confirm the start of a bear trend, it is important to close two weeks above MA200 D1