S&P500: Downtrend To 2991 While Trading Below 3012

The downtrend may be expected to continue, while S&P500 is trading below resistance level 3012, which will be followed by reaching support level 2991.5.

S&P500, Friday forecast, September 20

The downtrend may be expected to continue, while S&P500 is trading below resistance level 3012, which will be followed by reaching support level 2991.5. An uptrend will start as soon, as the S&P500 rises above resistance level 3013.75, which will be followed by moving up to resistance level 3022.

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