SPX [S&P 500] Technical Analysis - 02/03/2022
SPX nearing downtrend resistance line, expect a reversal off of it as we are nearing an over bought level on the RSI.
Facebook [Meta] came out with lower earnings then what was estimated, wall street did not like this which resulted in a reversal in tech.
Support at the 200 Day Moving average, and at the 4285 level.
Facebook [Meta] came out with lower earnings then what was estimated, wall street did not like this which resulted in a reversal in tech.
Support at the 200 Day Moving average, and at the 4285 level.
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