S&P 500 Trading: Closes Below Moving Averages. 10 Decembre 2015.

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The major support of 2032.00 has stopped our proposed bearishness on SP500, but we classify this bounce as a profit taking process.

S&P 500 Trading: Closes Below Moving Averages. 10 Decembre 2015.

The index closed below moving averages and 76.4% offering fresh bearish scenario.

A break below 2032.00 will cause further collapse.

Support: 2032.00-2020.00-2007.00

Resistance: 2055.00-2062.00-2073.00

Direction: Bearish.