S&P500 INDEX (US500): Important Bearish Signal

٤ سبتمبر

US500 was consolidating for quite a long period of time around
the level of a current all-time high and formed a range.

After the release of the yesterday's US fundamentals, the Index dropped
and formed a high momentum bearish candle.

A daily candle closed below a support of the range, confirming its violation.

We can expect a bearish continuation lower now.
Next support - 5432

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