SPX on Pace for 318

With current trends, SPX will fall to the range of 318-315. It has fallen through the support at 325 and will continue a downward trend. The is somewhat inline with the predicted 5-10% correction. This is further pushed by current news on COVID-19 and destabilization of Asian markets.
Bearish PatternsChart PatternsTechnical IndicatorsrecessionsellsignalTrend Analysis

Disclaimer