S&P 500 IndexShort
*S&P 500 - POSSIBLE BEARISH TREND*
Updated
SPXDaily chart: Look for price reject SMA 200, bearish confirmation candles, and closing below the most recent support level .
The pair has been trending downward on the daily chart.
Price is making lower highs and lower lows.
Price recently closed above EMA21 in a downward path.
Bearish candlestick formation starting to form.
TELL ME WHAT YOU THINK!
ALPHA1RESEARCH.COM
Note
Price is stagnant around the 4,000 support/resistance area. Watch for signals
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.