It appears that the S&P500 (futures, ES1!) decisively broke down a long time support that dates back to May 2020.
It is also below the 55EMA, and MACD with other technicals are downward biased, indicating a lower target than the recent lows.
Possible target of 4280 from now to end Feb.
It is also below the 55EMA, and MACD with other technicals are downward biased, indicating a lower target than the recent lows.
Possible target of 4280 from now to end Feb.
