SPX closed below 3 major supports

Market could find support on the falling resistance, but this is unlikely to give strong support given thethree major bearish signals:


  • Market closed below the upwards trendline of last half year
  • Market closed below the daily 100 SMA
  • Market closed below the daily 200 SMA


SPX is open to downside.

Enter short - choose your targets.

Chart PatternsTechnical IndicatorsTrend Analysis

Disclaimer