S&P500 Technical Analysis: Bears close to cross the point of no return

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S&P500 daily chart

  • The S&P500 is trading in a deep pullback below its 200-period simple moving average.
  • The S&P500 can extend its losses if the market close below 2,570.00. 
  • On the flip side if bulls manage to hold the market above that level for a sustained period of time it might invalidate the current bearish bias.


	S&P500 Technical Analysis: Bears close to cross the point of no return

Additional key levels

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