Despite the market's pessimism, it seems that there is a margin before reaching this support (PURPLE line) a month ago it stopped there twice. Other indices have fallen more and have also recovered, while this support is clearly not exceeded, this is the target for the bearish or the opening for the bullish (PINK line) Europe is behaving differently, the DAX falls a lot and does not recover like the US markets, if this happens we would have a very worrisome divergence.
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MAXIMUN TENSION! 200 SMA= 2584
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The S&P 500 index is perilously close to falling under its closely watched 200-day moving average on.mktw.net/2pzDBwk
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Again.. tooo close...
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That's a SUPPORT! Still holding....
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After resisting several touches during the last month has been maintained and hold, but every time there are more doubts and uncertainty for the accumulation of negatives issues like Facebook, Trump, Amazon, Steel Tariff, China Tariff, Trade War, etc ... too many things in 3 months if what remains of 2018 continues like this will not take long to break.
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Please stand silently for a moment of reflection and respect for this lost...
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FROM THE VERY HELL... LIKE A PHOENIX... I'M STILL ALIVE
War zone analisys: All is still not lost! 200 DMA ES1! - #ES1! TradingView
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After these announcements, all the markets are in a big stress, at this hour stop loss activated and turned for SHORT positions, identifying support targets
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