S&P500 (a 4-hour chart)
Wall Street opened in the red territory on Monday when healthcare and consumer sectors led the shares down.
The index decisively traded below the 2165 mark on Monday. The price retreated from last week high and partly erased latest gains during European trade. S&P500 continued moving lower at the beginning of the
MACD decreased which points the buyers’ weakness. RSI remained neutral.
Bears seem to have returned in the game. The upward movement is out of steam, sellers shall lead the price towards 2140 through 2150.