Mario_Tomljanovic

S&P 500 Coronavirus downtrend

Long
Mario_Tomljanovic Updated   
FX:SPX500   S&P 500 Index
Let's see will support between 2708.6 and 2657.4 levels hold the price and for how long in this Coronavirus downtrend.
Those levels have the potential to move the price little bit up, but I won't be too optimistic already.
Trade active:
Looks like that he buyers does not have power to bring the price higher.
The support is gonna be probably broken and the price will continue with falling down
Trade closed: target reached:
Here we are, testing support again. It is only a matter of time, support will be broken and the decline will continue.
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