- Daily chart with 10 DMA shows how the moving average is acting like a trend line. Now weakness can be seen only if the price closes below this moving average.
- Weekly chart is shown with stochastic and RSI. Both these indicators have reached the same levels when it reached 11200 last time. That does not mean price is going to behave similarly as it did last time from 11200. But this will help one to get the direction right.
- S&P 500 SUPPORT AND RESISTANCE LEVELS