2use
Short

SPX500 crosses the support line of the trend

FX:SPX500   S&P 500 index of US listed shares
29 1 0
Not a good sign for the index as it crosses the support line it could have held today. Also crosses 20 da DMA/ EDMA.
1848 resistance worked and gave some ground for an up trend - and although it did breach the upper trend line as well, giving ground for some bullish sentiment, last friday's put it back to the trend (possible head-fake as i call it). 1848 still holds as a level to breach.
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