SPX500/ WILL START THE BEARISH TREND
Stock futures inched lower early Tuesday after the Dow Jones Industrial Average registered its longest losing streak since 2018.
Summary: The price continues to trade between 6099 and 6026. We anticipate a further decline toward 5954.
Generally, the direction is uptrend and consolidation between 6099 and 6026.
Uptrend Side: a breakout above the 6099 level is required to reach a new high, potentially targeting 6160.
Downtrend Side: In light of the bearish trend, we expect the price to undergo a correction toward the resistance level of 6,099 before subsequently declining to break through the support levels at 6,059 and 6,026.
Tendency Keys: 6026
Summary: The price continues to trade between 6099 and 6026. We anticipate a further decline toward 5954.
Generally, the direction is uptrend and consolidation between 6099 and 6026.
Uptrend Side: a breakout above the 6099 level is required to reach a new high, potentially targeting 6160.
Downtrend Side: In light of the bearish trend, we expect the price to undergo a correction toward the resistance level of 6,099 before subsequently declining to break through the support levels at 6,059 and 6,026.
Tendency Keys: 6026
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With Clear entry point and target line with stopout zone
~900 pips per week —— Accuracy more than 88%
with best learning
Be Stronger With us
THANKS for your support
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