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ThemasterFxIdea

S&P 500 on the 1D time-frame

Short
S&P 500 Index (SP:SPX)  
ThemasterFxIdea  
SP:SPX   S&P 500 Index
Trend Analysis themasterfx
2
0
trendanalysis themasterfx
S&P 500 may fall to 3720 - 3860

Our preference
Short positions below 4110.00 with targets at 3860.00 & 3720.00 in extension.

Alternative scenario
Above 4110.00 look for further upside with 4310.00 & 4390.00 as targets.

Comment
The RSI is bearish and calls for further downside.
Weekly chart is also bearish.
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