SpeakTrading

This morning's short-term view of SPX500

Short
FX:SPX500   S&P 500 Index
Market might retrace to the 1865 level in the early European session.
Support area:
- yesterday's low
-50% retracement on todays down move
-possible short-term divergence building on RSI

Watch out for this level as it could turn out to be a good shorting point for the rest of the day.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.