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The Seller's Came Out on the S&P 500 Today as Stimulus and Election Uncertainty Start to Creep In
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@scaredycatguide
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The S&P 500 saw the sellers out unloading today. Volume was not high which means it may have just been a lack of buyers with sellers doing a little liqiudation.
Through the recent low...
Looking at the chart you can see that price dove through 3,440 which was the most recent reversal low back on October 15th.
Also, you can see by looking at the red dotted line (representing today's closing price) that it comes across the tops made back in September.
So this area could find some support. I would expect to buyers to put up a fight if price gets down to 3,415.
Of course, news items can blow all of this out of the water in either direction.
Posted Using LeoFinance Beta
