SP500 Bearish Engulfing Candlestick Pattern (Where We Heading Next?) | S&P 500 Technical Analysis

In today's SP500 (S&P 500) Technical Analysis daily forecast we dig into the SPX on the daily and 30 minute timeframes. We discuss the setup of a bearish engulfing Candlestick formation taking place on the daily timeframe at an important area of resistance.

Will we see the stock market continue to rise, or will this candlestick pattern play out this reversal pattern to hit retest the $3000 range on the SP500.

TIMESTAMPS
○ Intro: 00:00
○ SP500 Daily Chart: 00:39
○ SP500 30 Min Chart: 03:59
○ Cleaning Up Chart: 07:45

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