mql5

W1 price is on primary bearish breakdown: the price is testing 1,811 support level for the second time to be broken to below for the bearish breakdown to be continuing.



Monthly price is on primary bullish market condition with the secondary correction to be started on this month on open monthly bar. Chinkou Span line is located near and above the price to be ready for good possible breakdown, and Absolute Strength indicator is estimating the correction to be continuing in the future. If close monthly price breaks 1,811 to below so we may see the global correction for S&P 500 during the many months from now.