ArinaKarayi

SPX500USD ( UNDER DOWNWARD PRESSURE )

Short
OANDA:SPX500USD   S&P 500 Index
SPX500USD

HELLO TRADERS

on the THURSDAY and FRIDAY , the price started to dropping , and for know stable bearish area

  • Tendency the price is a bearish pressure in 5,496

  • TURNING LEVEL : the price turning level at 5,496 , price stable below this level it becomes reach a support level , but if breaking this level active bullish area

  • RESISTANCE LEVEL: if the price braking turning level at 5,496 , the price will rise to 5,524 and 5,557

  • SUPPORT LEVEL : the price trade below turning level 5,496, it will reach the support level of 5,458 and 5,423, stable this level reach to 5,381

  • CORRECTIVE LEVEL : price will 5,496, correct itself before decline

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