SroshMayi

SPx falling with CPI

Short
OANDA:SPX500USD   S&P 500 Index
SPx


The price started to drop due to the CPI results, All the market waiting for the result and this result as expected will be published at more than 3.6% and about 4.3%, So already This will be high volatility, especially indices

Standard and Poor's will be negative depending on the expectation and the fall will be about 2.00%.

technically:

As long as stabilizing under 4478 will support falling to get 4442 and under it will reach 4392

Otherwise, stabilizing above 4505 will support bullish to get 4540

Pivot Price 4478
Resistance prices: 4505 & 4530 & 4580
Support prices: 4443 & 4421 & 4392

The moving range is between 4505 and 4391

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