S&P500 has shown a recovery of more than 70 points after hitting low of 2670. It hits high of 2747and is currently trading around 2733. The index has taken support near trend line at 2655 and any further break below confirms bearish continuation. S&P500 has formed temporary bottom at 2603 and shown a more than 8% till 2818. It is currently trading around 2733.
On the higher side, near term major resistance is around 2763 (200 day MA) and any close above confirms minor bullishness. Any break above 2763 targets 2795/2820. The index should break above 2820 for further bullishness.
The near term support is around 2725 (20- day MA) and any break below targets 2700/2670/2655. The index should break below 2600 for trend reversal.
It is good to sell on rallies around 2745-50 with SL around 2770 for the TP of 2685.


FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/CAD retreats after Canada posts stronger-than-expected GDP growth
FxWirePro: USD/CNY dips to hit three year low,scope for further downside
US Magnificent 7 Stocks Trend Score: Amazon & Microsoft Hit Extreme Bullish (+100) as Meta Drops to -100 — Key Resistance & Support Watchlist
Forex Scorecard: EUR/USD, GBP/USD, and NZD/USD Stand Out as Prime Bullish Opportunities
FxWirePro: USD/JPY dips as market assess risk of additional FX intervention.
Major European Indices Score Extremely Bullish: DAX Eyes 26000, CAC Targets 8600, FTSE100 at 11000 – Key Levels to Watch
DAX & CAC40 Score Perfect 100 Trend, FTSE100 Lags at 85 – Key Levels to Watch on the Perfect Scorers
FxWirePro: AUD/USD cedes early gains ,outlook bearish
FxWirePro: GBP/AUD bears maintain upper hand
AUDJPY Bears Tighten Grip: Sell Rallies at 110.65-67 Targeting 107.75 as All EMAs Stay Red
FxWirePro- Woodies pivot (Major)
FxWirePro- Woodies pivot (Major)
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support
NZDJPY Bears Stay in Command: Sell Rallies at 92.72-75 Targeting 90 as All EMAs Flash Red 



