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S&P500 Index (SPY) Important Breakout & Bearish Outlook 📈

534
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After 1 week of consolidation within a horizontal trading range,
this morning S&P500 broke and closed below its support.

Taking into consideration that the market is trading in a minor bearish trend
from the beginning of April, that breakout will most likely trigger a further decline.

Goals:
4340
4300

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āļšāļąāļ™āļ—āļķāļ
Check my new analysis on Copper:
Copper: Classic Trend-Following Setup

āļ„āļģāļˆāļģāļāļąāļ”āļŠāļīāļ—āļ˜āļīāđŒāļ„āļ§āļēāļĄāļĢāļąāļšāļœāļīāļ”āļŠāļ­āļš

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