SPX500 breaks a S/T bear flag targeting lower lows.

The SPX 500 broke down today from a bear flag, closing the day right at the previous low. Another day, another close at or near the lows shows that bears remain in control in the S/T. The next D/S target is at 4250. As long as we trade below 4400 there is no reason to turn bullish.

Silver Breaking Down

Steve Voulgaridis