🐋 $SPX hit a new 30-day low; selling pressure hasn't let up.
The current price is 0.3319, below the previous low of 0.3331, with 24-hour trading volume of $5.3 million.
A large number of long-position stop-loss orders are usually placed below the previous low. Breaking through it could trigger a cascade of liquidations; watch for large buyers stepping in at lower levels.
The current price is 0.3319, below the previous low of 0.3331, with 24-hour trading volume of $5.3 million.
A large number of long-position stop-loss orders are usually placed below the previous low. Breaking through it could trigger a cascade of liquidations; watch for large buyers stepping in at lower levels.
