S&P 500 Technical Analysis | Stock Market Reversal Or Will FED Money Protect us From a Crash?

In Today's S&P 500 (SP500, SPX, SPY, US500) Technical analysis Update we discuss what Wall Street has calls "Turn Around Tuesday". Is this the start of a stock market reversal (crash), or will the feds money printing save the day to bring us to all time highs.

Without diving into all the fundamentals I look into the technicals. Technical analysis at a time like this is one of the only things I personally can trust when analyzing the SP500. All the fundamentals are pointing to a move down, however the stock market has not crashed, it has rebounded quite nicely.

Todays bearish candle that formed right by the 61% fibonacci retracement level leads me to belive that we will be heading lower into the trend line I have talked about in recent videos.

Time will tell, and i will be here daily to give more sp500 technical analysis updates!

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DISCLOSURE: I am not a professional investment advisor, nor do I claim to be. All my videos are for entertainment and educational purposes only.