The market had a big drop today, and led to some panic sell-off. From here, SPX500 can bounce anytime, but it might continue to drop if the panic is out of control. Therefore, SPX500 have two direction next week,which one would rebound on Monday, and another could drop to 1760.
If the market bounces, 1805 of SPX500 is the important holding line for bull. otherwise, the market would drop again after a weak rebound.
If the market bounces, 1805 of SPX500 is the important holding line for bull. otherwise, the market would drop again after a weak rebound.