Dow has fallen below SMA20 at 17775.00 after being resisted as well in the 113% Fibonacci regions.
RSI is currently touching the value of 50.00 and all what we need is, a breakout below 17700.00 to assist bears to hit this momentum support.
Another break below 17660.00 will confirm and accelerate the bearishness.
Support: 17700.00-17660.00-17550.00
Resistance: 17830.00-17900.00-17920.00
Direction: Bearish
SP500 Futures has plummeted below the full correctional level of 2074.00 along with bearish candlestick formation.
We will be bearish today; noting that, another break below 2050.00 psychological will expose 2043.00 and 2022.00 support.
On the upside, areas of 2095.00 should act as a ceiling for bears.
Support: 2065.00-2055.00-2025.00
Resistance: 2080.00- 2095.00-2100.00
Direction: Bearish