S&P 500 Index
Short

SPX500USD ( UNDER DOWNWARD PRESSURE )

144
SPX500USD

HELLO TRADERS

yesterday , as said the price is under bearish pressure , dropping + 370 pip aimed first target
toady , is the continues of the falling price , first attempt to corrective turning level and may be swing 5,502 before falling

  • Tendency the price is a bearish pressure in 5,486

  • TURNING LEVEL : the price turning level at 5,486 , price stable below this level it becomes reach a support level , but if breaking this level active bullish area , may be attempt to create a new historical peaks

  • RESISTANCE LEVEL: if the price braking turning level at 5,486, the price will rise to 5,516 and 5,540

  • SUPPORT LEVEL : the price trade below turning level 5,486, it will reach the support level of 5,458 and 5,424, stable this level reach to 5,383

  • CORRECTIVE LEVEL : price will 5,486, may be in corrective swing at 5,502 before decline


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