CBOE S&P 500 9 Day crossing 30 day - sign for uncertainty at the market.
Watch the marked support area and lower boundary of the trend channel. If broken we can go short and expect a down trend to follow.
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Watch the marked support area and lower boundary of the trend channel. If broken we can go short and expect a down trend to follow.
____
If you like this analysis thumps up and follow for more!
Note
As predicted yesterday S&P500 is touching the support area.
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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.