Technicals

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FxWirePro- Major US Indices

S&P 500- 5819 (-1.40%) Major resistance- 6187 Near-term resistance - 5850/5900/5930. Minor support- 5800/5779/5727. Trend reversal level- 5480 The pair holds below short-term (34, 55 EMA) and long-term (200 EMA) in the 4…

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S&P 500-  5819 (-1.40%)

 

Major resistance- 6187

 

Near-term resistance - 5850/5900/5930.

 

Minor support- 5800/5779/5727.

Trend reversal level- 5480

 

The pair holds below short-term (34, 55 EMA) and long-term (200 EMA) in the 4-hour chart.

 

Indicators (4- hour chart)

 

ADX-  Bearish (4-hour chart)

 

RSI - 32.96 (4-hour chart)

 

US 30-  41954 (-1.41%)

 

Major resistance- 44000

 

Near-term resistance -42300/42800/43480/43800

 

Minor support-  41800/41500

 

Trend reversal level- 42000

 

Indicators

 

ADX- bearish (4-hour chart)

 

RSI - 37.33 (4-hour chart)

 

Russel  - 2182 (-2.24% )

 

Major resistance- 2500

 

Near-term resistance -2225/2260/2300/2340/2400/2425/2470

 

Minor support-  2190/2130/2055.

Trend reversal level- 2000

 

Indicators

 

ADX- Bearish (4-hour chart)

 

RSI - 45.65 (4-hour chart)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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