S&P 500 IndexShort
SP500 / Bearish Momentum is under control...
S&P 500 Technical Analysis
The price dropped another 1.7% and still has bearish momentum. As long as it trades below 5863, it will touch 5803 and 5781.
so the consolidation will be between 5863 and 5781 till breaking, it is possible to do a correction till 5863 and then will drop.
Key Levels:
Pivot Point: 5835
Resistance Levels: 5863, 5894, 5932
Support Levels: 5803, 5781, 5734
Trend Outlook:
Downward by stability below 5863
Bullish correction toward 5863
previous idea:
The price dropped another 1.7% and still has bearish momentum. As long as it trades below 5863, it will touch 5803 and 5781.
so the consolidation will be between 5863 and 5781 till breaking, it is possible to do a correction till 5863 and then will drop.
Key Levels:
Pivot Point: 5835
Resistance Levels: 5863, 5894, 5932
Support Levels: 5803, 5781, 5734
Trend Outlook:
Downward by stability below 5863
Bullish correction toward 5863
previous idea:
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