#BinancehodlerSOMI Prediction of the S&P 500 Index price.💥💥

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The S&P 500 Index (SPX) remains in an upward trend, but the negative divergence in the relative strength index (RSI) suggests that the upward momentum is weakening.

#RedSeptember Bears will attempt to push the price below the 20-day exponential moving average (6,418). If they succeed, the index could drop to the 50-day simple moving average (6,316) and then to the breakout level of 6,147.

Buyers are expected to fiercely defend the area between the 50-day SMA and 6,147 because a breakout below it would signal a short-term top. The correction could deepen to 5,950.

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