S&P 500 below 1985 remain "sell"

S&P 500 index technical analysis

S&P 500 index on Friday closed at 1921 with loss
on monthly pivot point chart, index is trading below
pivot of 1985 with bearish price pattern
as well as fresh bearish indicator patterns.
on downside 1855 and then 1740 are support zones
as well as target levels for index in current scenario
fresh sell signal given at 1975 with strong bearish bar
on daily chart ,all short to medium trend channel facing down
suggesting strong downside for index for sep series

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Pramod Baviskar

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