SroshMayi

S&P 500 INDEX - SHORT PRESSURE

Short
OANDA:SPX500USD   S&P 500 Index
Hello Everyone there is the S&P 500 Index


As long as the price trades under 4570 it means has a bearish trend

Breaking 4580 by closing the 4h candles, will remain a bullish trend to the next resistance which is located at 4604

otherwise, as long as the price trades under 4580 will support falling to get 4526, and to continue the bearish trend should break 4494


Pivot line: 4580
Resistance Prices: 4603 & 4632 & 4649
Support Prices: 4526 & 4494 & 4442

The movement range will be between 4580 and 4494

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