cheminacci
Short

Very Bearish Outlook for the S&P 500

FX:SPX500   S&P 500 index of US listed shares
With major support being broken the SPX500             looks like it will be heading much lower to retest previous support levels. Major support levels on the weekly chart align with the 1.27 and 1.618 fibonacci extensions of the most recent impulse leg. The market may retest 1730 levels and eventually the 1640 levels over the upcoming weeks.
Market hit 1808 level which is a break of the most previous major structure low.
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out