The overall S&P500 has been lower 5 days out of the last 6. Today it found support at $2800. If it breaks this level tomorrow, we should look for it to drop down to the 200-Day MA around $2775. If it does bounce higher, look for the next upside target at $2859.
Recent Related Articles
As the Rally Pushes Its Luck, the Smart Money Seeks “Defensive Growth”
Friday Outlook: Next Week’s Setup—and a Tax Trick for Portfolio Laggards
How to Beat the Casino Economy (Without Losing Your Shirt)
Friday Outlook: The Fed, Not the Trade Truce, Calls the Shots
The Bull Turns Three and Refuses to Act Its Age
Friday Outlook: The Economy Makes No Sense — But Smart Investors Can Still Win
Exploring the Future of Options Trading with AI
Decoding Trading Systems and Indicators
Discover the Best Live Trading Rooms for Maximum Profits