SPX500 is expected to continue the downtrend
Support was broken at 4,330
Price went back up at 4,241
Support that turned into resistance at 4,330 failed to break and the price went down again
Manage your risk and do not enter new trades
The current view is an extension of the idea posted on 18 Aug 23. We have been proved right until now.
https://www.tradingview.com/chart/SPX500/Sqv8sn3K-SPX500-in-downtrend/
Price went back up at 4,241
Support that turned into resistance at 4,330 failed to break and the price went down again
Manage your risk and do not enter new trades
The current view is an extension of the idea posted on 18 Aug 23. We have been proved right until now.
https://www.tradingview.com/chart/SPX500/Sqv8sn3K-SPX500-in-downtrend/
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