On analysis of the movements of S&P 500, in different time frames, I find that prevailing weakness since November 7 may extend exhaustion, if it breaches 3060 on November 8, 2019. I find that plethora of futile attempts look evident enough to enhance recession fear manifolds till today; and may continue to extend bearish sentiments during the upcoming weeks. No doubt that a sustainable move below 3060 will confirm the continuity of a downward voyage during the upcoming week. For watching my upcoming video on S&P 500.
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