Support levels on the SPX500 as at 1st of August 2019

Hi all,

So, the FED decide to lower interest rates for the first time in what... 10 years? Good stuff (or is it?). Seems silly fundamentally i know. Oh well, enough of that sort of talk.

Currently, 1 August 2019 (8.30am +GMT8), the price is 2,970. We have same support around 2,957/29,70. If we break through here, there is some serious downside ahead.

Refer to my daily chart.

Have a good day.

@bazzman78t