- First chart shows price retesting the resistance line after breaking out. Price sustaining above this pattern may help bulls to move up again. Price falling back into the pattern should result in a breakdown.
- Price tried to close above 20 Day SMA and failed. Bulls need a daily close above 20 SMA for resuming the up move.
- Crucial support at 82.84 and 50 Day SMA.
- S&P 500 ANALYSIS AFTER CLOSE
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