SroshMayi

SPx 4h (it looks bearish under 4358)

Short
OANDA:SPX500USD   S&P 500 Index
SPx

the price can stable in a negative direction because already stabilized under 4358

so now will do a retest till 4358 and then will drop to reach 4309 and then should break that to get 4278 also.
the price will start dropping as long as trades under 4358 to reach 4309 and 4278 for this week

however, if the price reversed and stabilized above 4365 then will support the rising to reach 4391 and 4424


Pivot Price 4358
Support prices: 4338 & 4309 & 4278
Resistance prices: 4391 & 4424 & 4441

The moving range for today is between 4358 and 4309

tendency: Bearish

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