SPX- S&P 500 rally fails to cross a critical trend line at 2930.00. The Index gapped up during Wednesday trades 21/8/2019 but failed for the second time in two consecutive sessions.
The Index could return to 2900.00 level if it continues to fade away from the important trend line highlighted on the chart. The Index also needs to break and remain above 2940.00 to have a clear path to the upside.
The Index could return to 2900.00 level if it continues to fade away from the important trend line highlighted on the chart. The Index also needs to break and remain above 2940.00 to have a clear path to the upside.
