S&P 500 Futures Fail At 2092.00 Regions
ICN.com | Nov 27, 2015 04:55AM ET
Despite yesterday’s vacation, but Dow futures has formed a negative candlestick pattern that started to change the signs on ADX and RSI14.
The resistance of 17900.00 is now a hard resistance that may assist bears to take new positons today.
In result, we may witness downside corrective actions today ahead of the weekly closing. A break below 17730.00 will accelerate the wave.
Support: 17700.00-17620.00-17550.00
Resistance: 17900.00-18030.00-18125.00
Direction: Bearish correction
S&P 500 Futures failed at 2092.00 regions, while 2109.00 is the main technical hurdle that may be the ceiling for intraday bearish correction.
ADX is turning into negativity and RSI14 is moving to the downside despite stabilizing above 50.00 areas.
A break below 2082.00 will accelerate the awaited bearishness today.
Support: 2075.00-2062.00-2056.00
Resistance: 2092.00-2107.00-2113.00
Direction: Bearish correction
Get The News You Want
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.