Description
⋅ This is the last of all 3 major US indexes that we are tracking... Let's see what the chart has to say.
We've been following the correction that started a few weeks back.
Looks like bearish momentum can start to pick up.
We can see that lasts weeks candle closed below EMA50 and this week we have red.
With a bearish RSI, trending lower and lower and the MACD going below zero, it is only a matter of time before the next support level is tested.
You can check my previous trade ideas on this index for all the details, the support levels, the chart signals & more.
7-Feb.
28-Jan.
26-Jan.
19-Jan.
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Namaste.