/biz/ - Business & Finance

>>49961779
Fair warning, I prefer individual companies because they're more prone to insider information and interesting movements. Indexes are more affected by policy and shit and I don't have a good bearing on that. It's also highly liquid which means there are TONS of daily contracts on it.

Having said that:
>Previously bounced on the 100MA support before falling through
>Below 50, 100, 200 MA
>50MA (green) is a soft resistance
>start of an upward trend on MACD, while STC implies a general downward trend, eg we'll get short term gains followed by a general downtrend
>RSI is neutral
Fib retracements usually have 0.5 as a key level. The high of this trend was 420, the low of this trend was 360. You can see that today's candle brushed against the 0.5. It might open green Monday, but will likely shit itself all week.