Short term trend - Slightly bullish
Major support - 2618 (89- W EMA)
S&P500 declined sharply till 2627 and shown a good recovery . The index has taken support near trend line support and 89 W EMA . The trend is slightly bullish as long as long term trend line joining 1802 and 2032 holds. Any weekly close below confirms major trend reversal. It is trading at 2693 (0.88% higher).
The index’s near term resistance is around 55-W EMA at 2714-2721 (23.6% fib) and any break above targets 2745/2794. Any break above 2827 confirms minor bullishness.
On the lower side, near term support is around 2645 and any break below targets 2618. Any break below 2618 confirms bearish continuation dip till 2550 likely..
It is good to buy on dips around 2645-50 with SL around 2618 for the TP of 2721/2745.


AUDJPY Bears Tighten Grip: Sell Rallies at 110.65-67 Targeting 107.75 as All EMAs Stay Red
FxWirePro: AUD/USD cedes early gains ,outlook bearish
FxWirePro- Woodies pivot (Major)
EUR/JPY Under Pressure: Broad Yen Buying Keeps Bears in Control Below 183.00
NZDJPY Bears Stay in Command: Sell Rallies at 92.72-75 Targeting 90 as All EMAs Flash Red
US Magnificent 7 Stocks Trend Score: Amazon & Microsoft Hit Extreme Bullish (+100) as Meta Drops to -100 — Key Resistance & Support Watchlist
FxWirePro: EUR/ AUD dips below 1.6400 level, focus on near term support
FxWirePro- Major Crypto levels and bias summary
DAX & CAC40 Score Perfect 100 Trend, FTSE100 Lags at 85 – Key Levels to Watch on the Perfect Scorers
FxWirePro: GBP/USD slips as dollar rebounds from six-week low
FxWirePro: USD/CNY downtrend loses steam, remains on bearish path
FxWirePro: GBP/NZD downside pressure builds, key support level in focus
US Magnificent 7 Stocks Trend Score: Amazon & Microsoft Hit Extreme Bullish (+100) as Meta Drops to -100 — Key Resistance & Support Watchlist
FxWirePro: GBP/AUD consolidating around 1.9185, bias is bearish
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support
FxWirePro: USD/ZAR gains as weak SA Manufacturing data hits rand
FxWirePro- Woodies pivot (Major) 



