Thought in mind that SPX could drop to 0.5 fib level(2118) and if not stopped there can continue to 450 monthly MA which is around $1100 area. This 450 level actually was touched in 2008 financial breakdown.
Please consider your own research and always use SL or hedge your trades.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.