S&P 500 broke below the watch zone giving an indication of further downside.
the price fell below the 20 periods MA as well.
I am expecting it to test the trendline that's in line with the 100MA. Also, note that the test of that support may happen in the first week of November i.e after the election is done.
We should have a pretty good idea of the trend by then.
*Just an Opinion.
the price fell below the 20 periods MA as well.
I am expecting it to test the trendline that's in line with the 100MA. Also, note that the test of that support may happen in the first week of November i.e after the election is done.
We should have a pretty good idea of the trend by then.
*Just an Opinion.