S&P 500, Friday forecast, September 6
A downtrend will start as soon, as the S&P 500 drops below support level 2969, which will be followed by moving down to support level 2946. The uptrend may be expected to continue in case the market rises above resistance level 2986, which will be followed by reaching resistance level 3022.
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Weekly forecast, September 2 - 6
The downtrend may be expected to continue, while the S&P 500 is trading below resistance level 2931, which will be followed by reaching support level 2866 and 2835. An uptrend will start as soon, as the S&P 500 rises above resistance level 2941, which will be followed by moving up to resistance level 2974.
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