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S&P500 hovering around 2-month lows

  • Regular
  • FX Market
  • 5 months ago
  • 110

The S&P500 index is deep down below the 200-day exponential moving average (EMA)as it finds itself holding near to the 2-month low levels.

Should buyers hold prices above 2,600.00, then 2,700.00 and even 2,800.00 could be the next price targets. 

On the down side, a bearish breakout below 2,600.00 could lead to 2,570.00 and 2,550.00 price levels.

 

 

Source: Smart Trend Team