S&P 500 IndexShort
Expected Downturn Following Bearish Divergence
Price action and MACD indicator shows Bearish Divergence pattern. The price is expected to take a downturn if it breaks down MA50 curve line. Following the breakdown, price is expected to fall at least to the historical support area. Whlist, if another breakdown occur then price is expected to fall to this year's lowest historical price.
Action : Sell
Support : 2824 - 2937
Expected Resistance : 3337 - 3393
Action : Sell
Support : 2824 - 2937
Expected Resistance : 3337 - 3393
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