Chart wise, bearish mode!
Likely to continue to trend higher!
Last night S&P has broken down the 200 days Moving Average at about 4430 level couple with quite a high volume looks rather negative!
At the same time it has also broken down tg e weekly 20 days Moving Average which could the start of a long term downtrend indication.
Short term wise, I think likely to go down to revisit 4278 then 4200 level!
Pls dyodd.
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