Chronos
Short

Markets In Correction

SP:SPX   S&P 500 Index
165 0 1
--- With the world's most powerful central banks implementing negative rates, it's not good news for the markets
--- S&P 500             Index's support shows 1820s, any close below that level would lead us down to 1600s
--- We could be looking at the 2009 break out levels for the next level of support at 1600s or at (.618 FIB retracement )
--- Quantitative easing has been good for the market over the several years, but the reality is, it has come up short of expectations.
--- This market seems to be in a corrective bear market condition
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