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S&P500 not looking good!

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S&P 500 (TVC:SPX)  
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TVC:SPX   S&P 500
Trend Analysis Chart Patterns Harmonic Patterns SPX (S&P 500 Index) S&P 500 (SPX500) Bearish Patterns
44
28
trendanalysis chartpattern harmonicpatterns spx spx500 bearish
Here's a quick look at S&P500.
It appears that the S&P is currently exhibiting a head and shoulders pattern while encountering significant resistance. The prevailing market sentiment is predominantly bearish, indicating a potential downward shift in the near future!

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