📉📈S&P500 Struggles At Support Zone📉📈

📉📈S&P500 Struggles At Support Zone

📉📈S&P500 Still struggling, as I wrote in my previous post that I don't see a chance that the buyers' attempted attack will be successful:

📉📈This is what happened

📉📈It looks as if, after yesterday's declines, an opportunity has opened up to attack yet another support zone defined by the 0.618 level of the entire upward wave from the bottom.

📉📈So far, the technical situation supports the downward scenario and it seems to me that we may see an attempt by the bears to attack the 3700 area in the near future.

📉📈The scenario I am currently playing out is to wait for the declines to continue. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.

📉📈*Please do not suggest the path I have outlined with lines it is only a hypothetical scenario.

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