S&P 500 Index: Break below 3907 to confirm a “double top” – Credit Suisse SP500 Banks
Overshoot to 4127/55 not ruled out
“Support stays seen at 3907 initially, below which can now set a small top to ease the immediate upside bias, with support seen next at the 63-day average at 3630. Below 3698 remains needed to suggest the recovery is over and broader downtrend is resuming.”Information on these pages contains forward-looking statements that involve risks and uncertainties.
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