S&P500 / Bearish Trend toward 5803

S&P 500

Technical Analysis

The price dropped as we mentioned at the previous idea.

Now still has a bearish trend to get 5803, so as long as trades below 5863 means will drop to touch 5803 and 5781 for today

it is possible to do a retest till 5863 and then will start dropping


Key Levels:
Pivot Point: 5863
Resistance Levels: 5896, 5927
Support Levels: 5803, 5781, 5735

Trend Outlook:
- Bearish Trend while Below 5803

previous idea:
S&P 500 Insights: Consolidation and Breakout Scenarios
SPX (S&P 500 Index)Support and ResistanceTrend AnalysisTrend LinesWAR

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