Once more and one last time, we are looking at the S&P 500 Index (SPX) daily chart... We continue to look, feel, and detect bearish/red.
The SPX is now resting on support marked by MA200 (3020.95) and EMA50 (3004.29) while the red trading volume is increasing.
The RSI is trending down and the MACD on my chart is gone.
If you would like to see the next support levels, feel free to visit my last SPX chart.
We are likely to see a break of support (drop) next.
Thanks a lot for your continued support.
Namaste.
The SPX is now resting on support marked by MA200 (3020.95) and EMA50 (3004.29) while the red trading volume is increasing.
The RSI is trending down and the MACD on my chart is gone.
If you would like to see the next support levels, feel free to visit my last SPX chart.
We are likely to see a break of support (drop) next.
Thanks a lot for your continued support.
Namaste.
Note
We remain of the same view... So far we are looking at a lower high and no real momentum.For us to switch from bearish to bullish on this set up, we would need the last high to be broken on good volume.
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🚨 You need PREMIUM trade-numbers to profit from Cryptocurrencies —Best timing & amazing results! 👉 lamatrades.com (Since 2017)
💥💥💥 Early 2025 Results (NEW)
t.me/masteranandatrades/6119
🏆 FREE Trade-Numbers
anandatrades.com
💥💥💥 Early 2025 Results (NEW)
t.me/masteranandatrades/6119
🏆 FREE Trade-Numbers
anandatrades.com
Related publications
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.