SPX
* S&P500 is in the strong bear grip. As mentioned earlier, fell one sided from 50 WMA to the yellow trend line support, spent 2_3 weeks there with minor bounce & finally breaking down.
* WCB below 3901_10 will open doors for next support zone - 3636_3675. In this case, 3636_3675 will be broken & can expect fresh 52 week low.
* 3480_3510 will be next decent support zone to be watched going forward. That's the importance of 3901_10 WCB
* WCB below 3901_10 will open doors for next support zone - 3636_3675. In this case, 3636_3675 will be broken & can expect fresh 52 week low.
* 3480_3510 will be next decent support zone to be watched going forward. That's the importance of 3901_10 WCB
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