VasilyTrader

S&P 500 Index (SPX500) May Go Much Lower! Key Levels To Note

Short
FX:SPX500   S&P 500 Index

buyers show their unwillingness to buy on dips.

the market went rejected after a minor retracement from 2888 support.

looks like selling volumes are accumulating and bears preparing for a breakout.

the best strategy for us to follow is to sell the breakouts of these key levels expecting a drop to the next one.

Key levels:
2744
2560
2343

note how perfectly structure matches with key levels.

good luck!

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