Technical analysis by Gilbert0967 about Symbol SPYX on 9/27/2023

Now we have two options to go, it depends on the answer provided by market. If it chooses to rebound to the top, we wait until the it reaches the resistance zone and we short it. If it continues to fall, we need to wait it to rebound to test what previous the support zone but now the resistance zone, then short it. Anyone who already be in a short position, don't move, neither buy nor short. Any one who don't have the position, be patient. Market will give all of us enough time to enter the market. If this down trend is true, the us market and economy will face another big recession since the 2008, all the bubble created from FED since covid-19 will be pierced.