S&P 500 Index (it looks bearish...!)

SPx

This week will be negative for the S&P 500 index because the situation is not good and already the technical chart also it looks bearish trend

the price will start dropping as long as trades under 4358 to reach 4309 and 4278 for this week
also, it is possible to do a retest till 4391 and then drop

however, if the price reversed and stabilized above 4391 then will support the rising to reach 4424 and 4441


Pivot Price 4358
Support prices: 4338 & 4309 & 4278
Resistance prices: 4391 & 4424 & 4441

The moving range for today is between 4358 and 4309

tendency: Bearish
Chart PatternsHarmonic PatternsSPX (S&P 500 Index)S&P 500 (SPX500)Trend Analysis

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