SPX [S&P 500] Technical Analysis - 02/03/2022

SPX nearing downtrend resistance line, expect a reversal off of it as we are nearing an over bought level on the RSI.

Facebook [Meta] came out with lower earnings then what was estimated, wall street did not like this which resulted in a reversal in tech.

Support at the 200 Day Moving average, and at the 4285 level.

Chart PatternsTechnical IndicatorsSPX (S&P 500 Index)S&P 500 (SPX500)SPDR S&P 500 ETF (SPY) Technical AnalysisTrend Analysisus500

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