SPX volatility into the Cloud, Watch the SSSB line

The short term weakness on the SPX persists since the short signal was triggered in the short term on the 4th of Sep 2020. The uptrend starting on the 25th of May 2020 on the daily charts has taken a pause. Price now will test the downside on the SSSB (RED LINE) on the cloud.

A break and HOLD below the SSSB cloud will start a new downtrend in the MT. The downside target remains at 2973..