Stock Markets Analysis and Opinion
S&P 500: A Clue To Capitulation
2022.10.14 02:03
When we see an extreme volume spike form on the following monthly chart of the , it may be close to a bottom/capitulation, particularly if it falls near one of the major support levels, as shown.
Further bottoming clues are described in detail in pertaining to the SPX and the SPX: Ratio.
Until then, I expect volatility to continue, producing large intraday swings in both directions.
S&P 500 Futures Monthly Chart
