More Pain in S&P Overnight Futures
The S&P 500 is still bleeding overnight in the futures market. The breakdown of the SMA(50) along with breaking the downside of the Keltner(1.5) and Keltner (2.5) bands hints at a change in trend.
It would generally be rare for such a strong market to turn on a dime, but recent pullbacks have been violently strong.
The next major support would be around $4100 which concides with the SMA(200).
It would generally be rare for such a strong market to turn on a dime, but recent pullbacks have been violently strong.
The next major support would be around $4100 which concides with the SMA(200).
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