S&P 500 Index Chart Analysis
Updated
This is what we have now for the S&P 500 Index (SPX):
It is looking down now.
If support is found on the blue dashed line, a short-term bounce is possible before more drop, but it is likely that it goes straight lower.
Thanks a lot for reading.
Namaste.
- A rising wedge breaking down.
- Prices going below EMA10.
- Indicators turning bearish.
It is looking down now.
If support is found on the blue dashed line, a short-term bounce is possible before more drop, but it is likely that it goes straight lower.
Thanks a lot for reading.
Namaste.
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