S&P500 Bearish
Weekly (MACD) indicator turned bearish... particularly with a Bearish Engulfing candlestiak pattern right at the top.
Daily Indicators are already bearish, while the price failed a breakout (of a range) and fell back in, suggesting a brreakdown on the opposing side. This week would test the daily 55EMA for sure; and perhaps a small bounce to the top of the range...
Daily Indicators are already bearish, while the price failed a breakout (of a range) and fell back in, suggesting a brreakdown on the opposing side. This week would test the daily 55EMA for sure; and perhaps a small bounce to the top of the range...
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