SPx500 forced to fall
Hello everyone,
SPx500 4H NEW FORECAST
We note that it is currently incurring tangible losses, reaching about 5040.
The price's continued exposure to negative pressures may soon force it to target an important support represented by the level of 5010., thus facing the 55 moving average axis. We would like to note that the price breaking this support will confirm its move to the negative path, so we expect it to incur major losses that may start from 4980 and 4932.
SPx500 4H NEW FORECAST
We note that it is currently incurring tangible losses, reaching about 5040.
The price's continued exposure to negative pressures may soon force it to target an important support represented by the level of 5010., thus facing the 55 moving average axis. We would like to note that the price breaking this support will confirm its move to the negative path, so we expect it to incur major losses that may start from 4980 and 4932.
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