S&P 500 – Bearish break confirmed

SP:SPX   S&P 500 Index
Tuesday’s daily close at 2111.7 was below the critical support region around 2120 and also the lowest July 8.

That marks a bearish break and adds credence to the breach of rising trend line in October and the falling tops formation seen since August 23.

The immediate support is seen around 2103 (23.6% of Feb low – Aug high).
Looks good i managed to get short yesterday afternoon and catch the first drop holding short open seems to be having some trouble breaking 2103 but pressure will be too strong imo and will eventually break today.
TipTVFinance TheDukeUK
Nice entry. Yes I agree the the 23.6% support could be breached
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out