Early Turbulence in SPX

Early trading on Friday saw volatility in the SPX, leading to a day of consolidation. Analyst Kevin Green examines the one-year weekly chart of SPX futures, indicating that ongoing consolidation may signal potential bearish trends ahead.

Technical Insights

Green’s analysis focuses on technical indicators within the SPX futures market. He warns that continued consolidation could foreshadow negative market movements, urging investors to watch for shifts in momentum as they navigate the current landscape.