S&P 500 remains capped ahead of key 200-day average and price/gap resistance at 2986/99 and with a daily DeMark “sell” signal in place, analysts at Credit Suisse continue to look for a top here. Key quotes “We look for a fall back to the top of the price gap from the beginning of this week at 2914, below which should see a test of the 13-day average at 2901/2899. A close below here is needed to add weight to our view to expose the lower end of the price gap at 2865.” “Near-term resistance is seen at 2960, then 2979/80, with 2998/3000 ideally continuing to cap. Above 3024 though remains needed to suggest our toping scenario is wrong.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next BTC/USD: Bitcoin has at least 3 reasons to move above $10,000 FX Street 3 years S&P 500 remains capped ahead of key 200-day average and price/gap resistance at 2986/99 and with a daily DeMark “sell” signal in place, analysts at Credit Suisse continue to look for a top here. Key quotes “We look for a fall back to the top of the price gap from the beginning of this week at 2914, below which should see a test of the 13-day average at 2901/2899. A close below here is needed to add weight to our view to expose the lower end of the price gap at 2865.” “Near-term resistance is seen at 2960, then 2979/80,… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
