S&P 500 : Slide May Become Too Steep Amid Crash Zone
Satendra Singh | Nov 21, 2018 06:21AM ET
On analysis of the movements of S&P 500 Index and S&P 500 futures since my last analysis, I find that the S&P 500 bears have been sincerely attempting their best to maintaining strong selling pressure amid different noises. I find the S&P 500 futures are heading for the level of 2315. A Steep downward move below the level of 2588 will confirm their final slide into long recessionary period. Let’s have a look at the current movements of S&P 500 futures in the following charts.
Disclaimer: This analysis is only for educational purpose. Readers are requested to kindly consider their own view first, before taking any position.
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