Next support level on the S&P is around 4420?
That blue sma coming down.
A break below that would stop a positive cross and be a negative for the market.
Conversation
Wouldn’t it be more like 4173, the last two major lows? Or does your experience tell you the next lower support is the lower curve of the 10SMA? Not challenging, just trying to understand. 🤔
1
The next support would be the blue sma, not actually a price bottom, essentially watch for a bounce there and if no support then moving to lows
1
2
Show replies