Cogg

SPX [S&P 500] Technical Analysis - 02/03/2022

SP:SPX   S&P 500 Index
SPX nearing downtrend resistance line, expect a reversal off of it as we are nearing an over bought level on the RSI.

Facebook came out with lower earnings then what was estimated, wall street did not like this which resulted in a reversal in tech.

Support at the 200 Day Moving average, and at the 4285 level.


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