Boring_Trader

S&P 500 Downtrend continue???

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CURRENCYCOM:US500   US 500
Considering this price action, along with deadly crosses in EMA10-EMA20 and MACD, prices could potentially trend lower for the week ahead. The next support can be seen at 3,942 (24 February 2023’s low), followed by 3,900. However, a daily close above 4,050, coincidentally the EMA20, could suggest a retest of 4,100 resistance.
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