S&P500 has halted its 2- week losing streak and declined more than 5% on account of renewed US-China trade tension. US imposed tariff on $200 bn Chinese goods from 10% to 25% and to counter this China also increased tariff of 5000 US products. It hits low of 2798 and is currently trading around 2843.50.
On the higher side, near term resistance is around 2853 (55- day EMA) and any violation above will take the index till 2898 (61.8% fib)/2954.
The near term support is at 2820 and break below will drag the index down till 2800/2773 (200- day MA).
It is good to buy above 2853 with SL around 2820 for the TP of 2950.


FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support
FxWirePro: EUR/ AUD dips below 1.6400 level, focus on near term support
AUDJPY Volatile After Massive Sell-Off: Sell Rallies at 113, Targeting 110 as Bearish Momentum Surges
FxWirePro: USD/CAD retreats after Canada posts stronger-than-expected GDP growth
FxWirePro- Woodies pivot (Major)
AUD/JPY Slips Below 112 as BOJ Intervention Sparks Bearish Momentum: Sell the Rallies
FxWirePro- Major Pair levels and bias summary
FxWirePro- Major Crypto levels and bias summary
FxWirePro:USD/JPY climbs back above 160.00 after BOJ rate decision
FxWirePro: GBP/USD rises as soft US data pressures dollar
NZDJPY Retreats on Yen Strength – Bearish Setup Targets 90 After Hitting 92.75 Low
Major European Indices Score Extremely Bullish: DAX Eyes 26000, CAC Targets 8600, FTSE100 at 11000 – Key Levels to Watch
FxWirePro: USD/CNY dips to hit three year low,scope for further downside
US Magnificent 7 Stocks Trend Score: Amazon & Microsoft Hit Extreme Bullish (+100) as Meta Drops to -100 — Key Resistance & Support Watchlist 



