The downtrend may be expected to continue, while the S&P 500 is trading below resistance level 3011 - 3015, which will be followed by reaching support level 2998 - 2996.
S&P 500, Friday forecast, October 25
The downtrend may be expected to continue, while the S&P 500 is trading below resistance level 3011 - 3015, which will be followed by reaching support level 2998 - 2996 and if it keeps on moving down below that level, we may expect the S&P 500 to reach support level 2984. An uptrend will start as soon, as the S&P 500 rises above resistance level 3015, which will be followed by moving up to resistance level 3024.
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