$SPX Trends: Bearish Signals and Support Levels
$S&P 500(.SPX)$ - As mentioned yesterday, there is no reason to fight the trend, there are cautionary signals like a diverging Money Flow Index, the bearish MACD crossover, or an overbought 4H chart as zoomed in.
Using Support/Resistance levels to consider a bearish confirmation is key, and once $5730 was recovered yesterday, the best that can be done is to give space to price action. $5786 is a new support to watch.
$SPDR S&P 500 ETF Trust(SPY)$ $E-mini S&P 500 - main 2412(ESmain)$ $NASDAQ 100(NDX)$ $Invesco QQQ(QQQ)$ $E-mini Nasdaq 100 - main 2412(NQmain)$
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