S&P 500 Daily Chart Analysis For May 6, 2022Technical Analysis and Outlook
The downtrend as specified in Daily Chart Analysis For April 29, 2022
to Major Mean Sup 4070 is firm and concrete. Down movement continuation to Next Outer Index Dip, 3990 must obsolete the Major Key Sup to continue - we will observe and track this the following week's session. Interim bullish moves are possible within the current downtrend.
