MA20 Rejection: More Volatility Soon?S&P 500 IndexTVC:SPXDaddySawbucksPrice broke under MA 20, rose back to retest and failed test, rejected. A much larger drop with intense volatility is likely. Take a short if you feel bold, or just take your chips off the table. This rejection pattern is fairly reliable for a big tumble, see John Murphy text , p 72, Fig 4-10a. Target price: ~6600 at MA200 in about 3 weeks. GLTA https://docs.preterhuman.net/John_J._Murphy_-_Technical_Analysis_of_the_Financial_Markets_(1999)