ParimalDevnath
Short

Standard&Poor500, 200 DMA

SPCFD:SPX   S&P 500 Index
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On last 3 occasions, S&P500 got support at 200 DMA and recovered from there. Price is once more at this crucial MA. Is it going to be the same this time? We shall know very soon. Below 200 DMA, bears will dominate. S&P500 Future is already below 200 DMA.
Trump's decision to impose heavy anti dumping duty on China is a bad omen for the market. Market people do not like trade wars.
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