* S&P500 is in the strong bear grip. As mentioned earlier, fell one sided from 50 WMA to the yellow trend line support, spent 2_3 weeks there with minor bounce & finally breaking down.
* WCB below 3901_10 will open doors for next support zone - 3636_3675. In this case, 3636_3675 will be broken & can expect fresh 52 week low.
* 3480_3510 will be next decent support zone to be watched going forward. That's the importance of 3901_10 WCB
* WCB below 3901_10 will open doors for next support zone - 3636_3675. In this case, 3636_3675 will be broken & can expect fresh 52 week low.
* 3480_3510 will be next decent support zone to be watched going forward. That's the importance of 3901_10 WCB
Related publications
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.