$SPX: Lots of Confluence Here

SP:SPX   S&P 500 Index
45 0 1
Sentiment, financial mistakes and margin calls could drive this market down, way down.

The highlighted area is compelling.

A possible trend line ; a downward Fib extension of the extremes of Thursday night trading; 61.8% big picture retracement; and battle tested price levels.

In the end, though, just speculation.
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