Technical analysis by JackRichards1987 about Symbol SPYX on 10/18/2022

Bulls are calling for SPX to 4150 bears to 3100. Which trend-line are we headed for? My personal belief is we are dead cat bouncing on the way to 3100 but time will tell. If the bulls rush in we could definitely see a squeeze to 4150... If reality takes hold 3100...I am actually not convinced this rally will go all the way to 4100. Everyone is bullish but my gut says reversal is coming. Time will tell.Upper trend line tested and rejected.