Rebound in USA market

S&P 500SP

Description

⋅ Mar 2, 2020 10:37 AM

Are we expecting a rebound in SPCFD:SPX? It seems that an important support is set at 2873 (0.5 Fibonacci's level), more or less. If this support will be broken then I would say the index can fall to 2751 (0.618 Fibonacci's level).

Trend Analysis