מדד S&P 500
שורט

ADX and DI looks like it triggered a sell alert

Looks like it's indicating a top here in the very near future. It would line up perfectly with a breakdown of the current trend in the 3-year channel and a bounce of the 20d SMA off the 50d SMA. These indicators aren't really used for estimating price points, but the mid-term trend would be the channel bottom around 2800-2850ish, most likely sometime in early to mid July. At that point we'd have to reassess.

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