The volume of the SPX500 has also been declining, indicating that there is less buying activity in the market. This tells us that the bearish trend is likely to continue.
Finally, various indicators such as the Moving Average Convergence Diver.
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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.