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.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.