Hello,
On the daily chart, the S&P 500 is currently showing a bearish trend. The price is probably going to fall below 5458.08. Two price projections, with a leaning towards 4512.20, could then result from this decrease.
Even if the bearish trend is still in place, some positive enthusiasm can be sparked by the latest news. Nonetheless, there is significant bearish pressure at the level of 5561.96, so bearish interests only until the break of (C)
Happy Trading,
K.
On the daily chart, the S&P 500 is currently showing a bearish trend. The price is probably going to fall below 5458.08. Two price projections, with a leaning towards 4512.20, could then result from this decrease.
Even if the bearish trend is still in place, some positive enthusiasm can be sparked by the latest news. Nonetheless, there is significant bearish pressure at the level of 5561.96, so bearish interests only until the break of (C)
Happy Trading,
K.
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