SPX - Analysis

SP:SPX   S&P 500 Index
It can be seen a choppy and more bearish market. Nothing to worry as this is a correction in price and it is normal for any commodity to experience such drop . At some point - which no one knows when - this will bring new investors that will push the price back again to 3000 or more sellers that will push the market to 2000.
Using Fibonacci sequence with the anchor point from the all time high, the next target is to the -23%; somewhere between 2490 and 2460.

Here are so more of my previous ideas that might be of interest for you

Trade closed: target reached
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