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US500 is trying to break 4450 points. The level is still consi | FBS Analytics

US500 is trying to break 4450 points. The level is still considered to be the support line.

If bears succeed – the index may touch 4350 points (100MA).

Directional movement index lines confirmed the bearish signal

The trend indicator Parabolic SAR reversed and started falling, too.

Trade: Sell US500
TP: 4380; 4350
SL: according to your trading strategy

The analysis was made in the daily timeframe. Take your time and be careful.

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