InvestMate|S&P500 Strong support zone ahead📉

📉S&P500 Strong support zone ahead

📉As I wrote recently after the sharp double top breakout and decline about the possibility of a continuation of the declines, I was not wrong:

📉There was another dynamic wave of declines that pierced the last local lows

📉 I moved the resistance zone near the border of the last downward gap.

📉 I left the support zone unchanged.

📉 Looking at the fact that we pierced both 50 and 200 moving averages and the MACD and RSI present very pro-decline signals. I am not worried about the direction of the price.

📉 The scenario remains unchanged, continuation of declines to the vicinity of the support zone. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.

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