EuroMotif

SPX nearing support, but may go one leg lower?

FOREXCOM:SPX500   S&P 500 Index
Quick plot to observe behavior as we near a support Zone.
An early and rough map of the primary areas of interest.
We should see a bonce soon, and then another dip likely.

3190-3203 seems LIKELY to hit, perhaps after a bounce in between.
3063-3081 is PLAUSIBLE if virus news worsens without vaccine.
3368-3398 above will be STRONG resistance upon next approach.

I will post updates as price action progresses.
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Previous Analysis: (click links)
Jan 2019 Virus fear
Jan 2019 Topping
May 2019 Top
Jun 2019 Bottom
Oct 2018 Crash call

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