S&P 500 Index (#US500): Bearish Breakout and Continuation
📉 The US500 is showing a bearish trend after breaking below a key support level within a tight consolidation range on the 4-hour chart.
The price is likely to continue its decline, with the next potential support level at 5,710.
The price is likely to continue its decline, with the next potential support level at 5,710.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.