S&P 500 -- US -- TF = weekly -- [long-term view and perspective] --
Moment of truth: The S&P 500 is facing severe headwinds and strong resistance at a very critical point. The index this week left a hanging man bearish reversal pattern that has a long wick and a short body. Considering that this is happening at the very TOP makes it even more meaningful.
Below is the daily chart showing also some bearish technical patterns: S&P 500 -- TF = daily -- Bearish Engulfing + Three outside down.
