| Technicals

Become a contributor

Bookmark Econotimes

| Technicals

FxWirePro: AUD/USD struggle to extend its recovery,good to sell on rally

FxWirePro- Woodies Pivot(Major)

FxWirePro:GBP/NZD recovers ground after early dip, bias bullish

FxWirePro- Major Pair market sentiment (CCI-ADX-EMA) setup

FxWirePro: GBP/AUD dive post-CPI short-lived as traders prepare for BoE decision

FxWirePro- Major Pair levels and bias summary

FxWirePro: USD/ZAR bears maintain upper hand

FxWirePro: NZD/USD dips as stronger U.S. dollar offsets NZ Q3 GDP surprise

FxWirePro: USD/CAD recovers slightly but trend is still bearish

FxWirePro- Major Pair market sentiment (CCI-ADX-EMA) setup

NZDJPY: Sell the Rallies as Bears Guard 90–91 Resistance Zone

FxWirePro: USD/CAD downtrend slows, but bearish sentiment remains

BTC/USD Coils Ahead of CPI & BOJ: Buy Dips at $85K Targeting $100K Breakout

FxWirePro: USD/JPY catches bid ahead of BoJ meeting

FxWirePro: USD/ZAR neutral in the near-term, scope for downward resumption

FxWirePro-Major European Indices

©Econometrics LLC . All Rights Reserved.

S&P500 faces strong support at 2025, break below targets 1915/1810

Monday, May 23, 2016 6:43 AM UTC

Death cross – 50 WMA crosses below 100 WMA
Major support – 2025
S&P500 has made a low of 2025 (50 W MA) and slightly recovered from that level .it is currently trading around 2055.
Short term major resistance is around 2085 and break above targets 2110/2140 levels.
On the lower major support is around 2025 and any close below will drag the index down till 1915/1810.
Overall bearish invalidation only above 2140.

It is good to sell below 2025 with SL around 2085 for the TP of 1915/1810

Editor's Picks

Breathing through your nose when you exercise may make your runs easier

Entrepreneurs are facing a mental health crisis — here's how to help them

Are fish oil supplements as healthy as we think? And is eating fish better?

Will AI kill our creativity? It could – if we don’t start to value and protect the traits that make us human

Does AI have a right to free speech? Only if it supports our right to free thought

How can I lower my cholesterol? Do supplements work? How about psyllium or probiotics?

Why we need to set limits on sperm donation

Aging with a healthy brain: How lifestyle changes could help prevent up to 40% of dementia cases

Seven techniques to avoid weight regain, approved by experts

Market Data

Delta Air Lines President Glen Hauenstein to Retire, Leaving Legacy of Premium Strategy

Oracle Stock Slides After Blue Owl Exit Report, Company Says Michigan Data Center Talks Remain on Track

U.S. Stock Futures Edge Higher as Micron Earnings Boost AI Sentiment Ahead of CPI Data

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

Trump Announces $1,776 Cash Bonus for U.S. Military Personnel Ahead of Christmas

Union-Aligned Investors Question Amazon, Walmart and Alphabet on Trump Immigration Policies

OpenAI Explores Massive Funding Round at $750 Billion Valuation

Republicans Raise National Security Concerns Over Intel’s Testing of China-Linked Chipmaking Tools

Venezuela Seeks UN Security Council Meeting Over U.S. Oil Tanker Blockade

EconoTimes

Disclaimer: EconoTimes provides references and links to selected blogs and other sources of economic and market information as an educational service to its clients and prospects and does not endorse the opinions or recommendations of the blogs or other sources of information. Clients and prospects are advised to carefully consider the opinions and analysis offered in the blogs or other information sources in the context of the client or prospect's individual analysis and decision making. None of the blogs or other sources of information is to be considered as constituting a track record. Past performance is no guarantee of future results and EconoTimes specifically advises clients and prospects to carefully review all claims and representations made by advisors, bloggers, money managers and system vendors before investing any funds or opening an account with any Brokerage. Any news, opinions, research, data, or other information contained within this website is provided as general market commentary and does not constitute investment or trading advice. EconoTimes expressly disclaims any liability for any lost principal or profits without limitation which may arise directly or indirectly from the use of or reliance on such information. As with all such advisory services, past results are never a guarantee of future results.

S&P500 faces strong support at 2025, break below targets 1915/1810

Editor's Picks

Welcome to EconoTimes