ExchangeDEX+

Buy Crypto Markets Spot FuturesBTC Earn Event Center

The post S&P 500 tests 50-DMA support – Société Générale appeared on BitcoinEthereumNews.com. The S&P 500 is testing its 50-day moving average and lower channel boundary, with momentum indicators flashing warning signs. A move below the 6630 pivot would confirm a deeper pullback, after the index failed to retest its October high, Société Générale’s FX analysts note. Negative momentum signals risk for S&P 500 “S&P 500 is probing the 50-DMA and the lower limit of the channel within which the up move since August has evolved. Daily MACD has been posting negative divergence highlighting receding upward momentum. However, a break in price structure will be crucial for confirming a short-term pullback.” “A brief pause cannot be ruled out. The index has so far formed a lower high near 6870pts than the one achieved in October at 6920pts. Break below recent pivot low of 6630pts could denote possibility of a deeper down move.” Source: https://www.fxstreet.com/news/sp-500-tests-50-dma-support-societe-generale-202511170941The post S&P 500 tests 50-DMA support – Société Générale appeared on BitcoinEthereumNews.com. The S&P 500 is testing its 50-day moving average and lower channel boundary, with momentum indicators flashing warning signs. A move below the 6630 pivot would confirm a deeper pullback, after the index failed to retest its October high, Société Générale’s FX analysts note. Negative momentum signals risk for S&P 500 “S&P 500 is probing the 50-DMA and the lower limit of the channel within which the up move since August has evolved. Daily MACD has been posting negative divergence highlighting receding upward momentum. However, a break in price structure will be crucial for confirming a short-term pullback.” “A brief pause cannot be ruled out. The index has so far formed a lower high near 6870pts than the one achieved in October at 6920pts. Break below recent pivot low of 6630pts could denote possibility of a deeper down move.” Source: https://www.fxstreet.com/news/sp-500-tests-50-dma-support-societe-generale-202511170941

S&P 500 tests 50-DMA support – Société Générale

Author: BitcoinEthereumNews

Source: BitcoinEthereumNews

2025/11/17 18:32

The S&P 500 is testing its 50-day moving average and lower channel boundary, with momentum indicators flashing warning signs. A move below the 6630 pivot would confirm a deeper pullback, after the index failed to retest its October high, Société Générale’s FX analysts note.

Negative momentum signals risk for S&P 500

“S&P 500 is probing the 50-DMA and the lower limit of the channel within which the up move since August has evolved. Daily MACD has been posting negative divergence highlighting receding upward momentum. However, a break in price structure will be crucial for confirming a short-term pullback.”

“A brief pause cannot be ruled out. The index has so far formed a lower high near 6870pts than the one achieved in October at 6920pts. Break below recent pivot low of 6630pts could denote possibility of a deeper down move.”

Source: https://www.fxstreet.com/news/sp-500-tests-50-dma-support-societe-generale-202511170941

Market Opportunity

PoP Planet Price(P)

$0.01414

$0.01414$0.01414

-6.41%

USD

PoP Planet (P) Live Price Chart

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.