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EuroMotif
Feb 24, 2020 2:19 PM

SPX nearing support, but may go one leg lower? 

US SP 500 CFDFOREX.com

Description

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)






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