SPG (Simon Property Group) has broken a major support level and it has now become a resistance level.
The moving averages are alined both on the daily and weekly chart (indicating a strong downtrend)
Also with market being a bit overbought in my opinion we could see a pullback, which would strengthen our position
Expect further downside to 136.00
The moving averages are alined both on the daily and weekly chart (indicating a strong downtrend)
Also with market being a bit overbought in my opinion we could see a pullback, which would strengthen our position
Expect further downside to 136.00
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