S&P500 : Outlook remains bearish, S&P500 trades below the cloud! S&P500 index is down more than 7% since sell signal!

S&P500 : Outlook remains bearish, S&P500 trades below the cloud! Outlook remains bearish since price action is below the bottom end of the cloud! Downside risk targets are old cloud chart support zones of 4348/4350/4296 and 4225! S&P500 index is down more than 7% since sell signal! Cash is king right now! Powell Power Conspicuous Consumption bubble deflating a bit now! Party like its 1999!