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Feb 24, 2022 11:11 AM

S&P 500 futures hit first downside target 

FX:SPX5001D
S&P 500 index of US listed sharesFXCM

Description

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The S&P 500 futures are down over 2% today on news from Ukraine. The price action slipped further in the red to hit 4120, the 127.2% Fibonacci extension. In case this zone gives away, the next big support is located near 4040.
Trend AnalysisFibonacciSPX (S&P 500 Index)SPDR S&P 500 ETF (SPY) esmini
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