SPX
Daily chart: Look for price reject SMA 200, bearish confirmation candles, and closing below the most recent support level .
The pair has been trending downward on the daily chart.
Price is making lower highs and lower lows.
Price recently closed above EMA21 in a downward path.
Bearish candlestick formation starting to form.
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ALPHA1RESEARCH.COM
Comment:
Price is stagnant around the 4,000 support/resistance area. Watch for signals