Bulls and Bears zone for 08-23-2024

Yesterday S&P 500 closed down creating a Bearish Engulfing pattern. It could be reason for caution for Bulls.

Level to watch: 5630 ---5628

News to watch:

US: New Home Sales 10 AM ET
US: Jerome Powell Speaks 10 AM ET
Chart PatternseminiS&P 500 E-Mini FuturesGannSPX (S&P 500 Index)SPDR S&P 500 ETF (SPY) supportandresistancezonestechnical_analysistradingTrend Analysis

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