S&P 500 shows a bearish Descending Triangle!

My fellow Steemians,

The following chart of the S&P 500 shows a bearish descending triangle. The index is currently flowing between the 50 DMA (blue line) and the 200 DMA (red line).

If the index breaks the 200 DMA significantly and the support around the 2550 area, watch your positions carefully.

With the current earning season, you have to be aware that the market tops out about 9-months before earning do.

Thank you for reading!

_{https://www.streetwisereports.com/article/2018/04/25/earnings-the-big-sucker-play.html?utm_source=delivra&utm_medium=email&utm_campaign=Resources%204-26-18&utm_id=34992398&dlv-ga-memberid=1131000520}