14, November 2017

S&P500

S&P500 was neutral staying in a narrow range around 2580. The mentioned level together with the EMA50 blocked its further strengthening pushing the benchmark to the downside. The resistance lies at 2580, the support exists in at 2570.

A weak selling interest is driving this index downwards. If the selling interest persists the S&P500 index may soften to 2570.