Apparently, for some instruments as AUDUSD, Xerox and S&P500, yesterday was marked by “the shooting star”.
As the line of the DeMarker indicator left the oversold zone and it is directed upwards so far, it is better to wait for confirmation of the downward reversal of the index by closing the present day below 4 545.
Then, we can say about a probable decline of S&P500 to the support of 4 300.
This content is for informational purposes only and is not intended to be investing advice.
