SPX - a move to the 20 DMA was imminent

$.SPX(.SPX)$ - As noted last week, a move to the 20 DMA was imminent.

What's different this time is the velocity of the decline, this rapid selloff warrants close attention. A bounce is possible tomorrow, but if it lacks strength, we could see a further move down to $5775. The Stochastic says this just began.

Image

20DMA Test Imminent:

The gray squares mark previous occasions when price has tested that blue line. In the past, when the Bollinger Band has been breached and/or oscillators have been overbought, price has invariably moved to the 20DMA. Both conditions are in today. Will this time be different like the green square? No, wait, that one also preceded a visit to the 20DMA.

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BringTheWealthIn
01-28
BringTheWealthIn
crash start

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What's different this time is the velocity of the decline, this rapid selloff warrants close attention. A bounce is possible tomorrow, but if it lacks strength, we could see a further move down to $5775. The Stochastic says this just began.<img alt=\"Image\" title=\"Image\" src=\"https://community-static.tradeup.com/news/3e0d6ab2ef1de30678ae043512579156\" tg-width=\"679\" tg-height=\"431\">Image20DMA Test Imminent: The gray squares mark previous occasions when price has tested that blue line. In the past, when the Bollinger Band has been breached and/or oscillators have been overbought, price has invariably moved to the 20DMA. Both conditions are in today. Will this time be different like the green square? No, wait, that one also preceded a visit to the 20DMA.<img alt=\"Image\" title=\"Image\" src=\"https://community-static.tradeup.com/news/2fc44eecd74451386fa9fb7a5944bc65\" tg-width=\"679\" tg-height=\"446\">Image</body></html>","htmlText":"<html><head></head><body> <a data-mention-id=\".SPX\" class=\"teditor-mention\" data-mention-name=\".SPX\" href=\"https://ttm.financial/S/.SPX\">$.SPX(.SPX)$</a> - As noted last week, a move to the 20 DMA was imminent. What's different this time is the velocity of the decline, this rapid selloff warrants close attention. A bounce is possible tomorrow, but if it lacks strength, we could see a further move down to $5775. The Stochastic says this just began.<img alt=\"Image\" title=\"Image\" src=\"https://community-static.tradeup.com/news/3e0d6ab2ef1de30678ae043512579156\" tg-width=\"679\" tg-height=\"431\">Image20DMA Test Imminent: The gray squares mark previous occasions when price has tested that blue line. In the past, when the Bollinger Band has been breached and/or oscillators have been overbought, price has invariably moved to the 20DMA. Both conditions are in today. Will this time be different like the green square? No, wait, that one also preceded a visit to the 20DMA.<img alt=\"Image\" title=\"Image\" src=\"https://community-static.tradeup.com/news/2fc44eecd74451386fa9fb7a5944bc65\" tg-width=\"679\" tg-height=\"446\">Image</body></html>","text":"$.SPX(.SPX)$ - As noted last week, a move to the 20 DMA was imminent. What's different this time is the velocity of the decline, this rapid selloff warrants close attention. A bounce is possible tomorrow, but if it lacks strength, we could see a further move down to $5775. The Stochastic says this just began. Image 20DMA Test Imminent: The gray squares mark previous occasions when price has tested that blue line. In the past, when the Bollinger Band has been breached and/or oscillators have been overbought, price has invariably moved to the 20DMA. Both conditions are in today. Will this time be different like the green square? No, wait, that one also preceded a visit to the 20DMA. 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