Technical analysis by Bixley2 about Symbol SPYX on 10/6/2025

Continuous three point touches along a down trend line can be seen in red Right now price may experience this third touch on its current down trend in red. From there I think it collapse may follow down to levels in 02 and 08 or a bit above them. (price could recover at the red line along the timeframe when covid was occurring.) Not sure when it will occur but its going to. Weekly timeframe