MVedra

What we're watching on S&P this morning

Short
OANDA:SPX500USD   S&P 500 Index
Further downside likely:

Price is fading and losing momentum on the higher lows these last two days. Support at 2345 looks stressed. 2360 is key resistance and is establishing a downward trend - definitely watch how price behaves on a rally 2353.

Key notes on the chart.

Comments