Bearish SPX Signs Signal "Further Downside" Ahead
Portfolio Pulse from
Technical analyst Kevin Green highlights bearish signals for the S&P 500 index, indicating potential further market downside. The brief Friday rally was quickly reversed, and the coiling VIX (volatility index) suggests increased market uncertainty and potential negative price movement.
March 18, 2025 | 11:30 am
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NEGATIVE IMPACT
The SPDR S&P 500 ETF Trust may experience downward pressure based on technical analysis of market volatility and recent price action.
The coiling VIX and failed rally suggest increased market uncertainty, which could lead to a short-term decline in the S&P 500 and related ETFs like SPY.
CONFIDENCE 75
IMPORTANCE 80
RELEVANCE 100