S&P 500
S& P 500
Support is at 4114.
Negative divergence on RSI has been witnessed.
MACD has triggerd its average and its falling down.
On fall and close below the support expect correction.
A retracement of the rise from 3848 to 4215 can be witnessed.
Retracement are 4075-4031-3988.
Expect retracement to be tested once breakdown below 4114 is witnessed on closing.
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