Technician

S&P500: Watch the 52-week moving average #SPX #STOCKS

SP:SPX   S&P 500 Index
The 52 week(yearly) simple moving average has been underpinning the index for the whole bullish wave since early 2016. I will be watching the weekly closing as if we break it it could confirm a change in the slope of the supply demand equation. An immediate target would be 2550 next major support area .

Sorry, didn't get that clearly.Is the trend still bullish or is it turning ?
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Catched this falling!
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