Major Support- 2800
S&P500 is trading weak for past two days and lost more than 50 points on renewed trade tension. The index hits intraday low of 2783 and is currently trading around 2785.30. In the month S&P500 has lost more than 5.5% from high 254. It is currently trading around 2785.
On the higher side, major support is around 2780 and any violation below will drag the index down till 2745 (300- day EMA)/2720.
The near term resistance is around 2823 and any indicative break above will will take the S&P500 index till 2851/2890.
It is good to sell on rallies around 2805-10 with SL around 2840 for the TP of 2741/2725.


FxWirePro: USD/ZAR bears maintain upper hand
FxWirePro: NZD/USD jumps after US and Iran agree preliminary deal
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook
FxWirePro: USD/CAD steadies around 1.3990 ,retains bid one
BTC’s Bear Bounce: Sell the Rally Near $66K as Bears Target $59K–$52K Breakdown
GBPJPY Coil Tightens: Is a Bullish Break Above 215.60 Imminent?
FxWirePro: GBP/AUD eases on Geopolitical whipsaw
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/ZAR edges higher, set to stay on back foot
ECB Hikes, Euro Dives: EURUSD Bears Reload for a Run to 1.1400
FxWirePro: GBP/USD range-bound as Iran uncertainty keeps traders cautious
FxWirePro- Woodies pivot (Major)
Relief Rally Extends to 112.75, but AUDJPY EMA Structure Favors Selling
Ethereum Cracks Under $1,700: Sell the Rally Near $1,750 as Bears Eye $1,380–$1,200
FxWirePro: USD/JPY gains above 160 level ahead of BOJ policy meeting 



