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S&P 500 Index
Short

Key Resistance Level in Play - 2nd Leg Down Begins

By jpreal1
Updated
This chart is very straight to the point and simple. The key FIB resistance level of 61.8 is in play. We will see strong resistance & selling pressure @ S&P 2935. I suspect by May 1, 2020 we will start to see a downtrend in the markets.

JP - OUT
Note
Nice push up today. We are 60pts away from the .618
Chart PatternsTechnical IndicatorsTrend Analysis
jpreal1

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