S&P500 Index: Uncertainty & Key Levels to Watch ๐
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Hey traders,
With a complete uncertainty and "grim" geopolitical sentiment stock market may crash.
S&P 500 index completed a formation of a head and shoulders pattern on a daily.
Its neckline breakout may trigger a selling wave.
Here are key levels for you to watch in case of a breakout:
Support 1 -
3940 - 4050
Support 2 -
3530 - 3680
Support 3 -
3170 - 3280
From these key levels we will look for buying opportunities in case of a resolution of a conflict.
Do you expect a market crash?
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