Long Term Trend at Risk

A close today at or below 3026 SPX will change the long term trend (per the LTTI) to neutral from bullish and signal exit bullish long term positions.

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After close note: today's close @3002.1 SPX changed the long term trend to neutral giving the signal to exit our long term trade from April 22, 2020 for a gain of 202.79 on this trade.

Dr. Cari Bourette is an analyst at ElliottWaveTrader.net, where she provides her proprietary market mood analysis in our flagship service, "Avi's Market Alerts."