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S&P500 INDEX (US500): Important Bearish Signal
S&P 500 Index
Short
S&P500 INDEX (US500): Important Bearish Signal
By VasilyTrader
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Sep 4
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Sep 4
US500 was consolidating for quite a long period of time around
the level of a current all-time high and formed a range.
After the release of the yesterday's US fundamentals, the Index dropped
and formed a high momentum bearish candle.
A daily candle closed below a support of the range, confirming its violation.
We can expect a bearish continuation lower now.
Next support - 5432
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dowjones
indexes
nasdaq
Parallel Channel
Rectangle
S&P 500 (SPX500)
us100
US30
Wave Analysis
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