Hourly and daily trend is still down.
Market closed 7 days in red in a row.
SPX closed again below 50 DMA.
Support is near around 4950 and 5009 is the resistance and swing highs is 5040.
Therefore, there are more chance for market have some relief rally tomorrow.
Market closed 7 days in red in a row.
SPX closed again below 50 DMA.
Support is near around 4950 and 5009 is the resistance and swing highs is 5040.
Therefore, there are more chance for market have some relief rally tomorrow.
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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.