- Daily chart shows a bearish candlestick formation. Long tail shows selling pressure at higher levels.
- Correction started from near 50 Day Moving Average. For bears follow up selling needed to break SPX below 20 Day Moving average.
- Hour chart too looks negative, Price falling below 50 Hour moving average will extend this correction.
- GOLD SUPPORT AND RESISTANCE LEVELS
- SINA WEEKLY TRIANGLE PATTERN
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