Is The S&P 500 Heading Down

SPCFD:SPX   S&P 500 Index
This Index is featuring for the first time on our TradingView blogs.

Current setup: Price is below the previous resistance level and also the weekly 50 simple moving average .

Conclusion: We are seeing bearish moves here and price may move down further to test the 200 simple moving average .

Any comments or questions, do not hesitate to leave them below. Give us the thumbs up if you share our sentiments!

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