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Elite_Forex

S&P testing last line of defence before Collapse

S&P 500 Index (FOREXCOM:SPX500)  
Elite_Forex  
FOREXCOM:SPX500   S&P 500 Index
Trend Analysis Chart Patterns Fundamental Analysis S&P 500 (SPX500) S&P 500 E-Mini Futures VIX CBOE Volatility Index VXX volatilityindex nasdaq NASDAQ 100 CFD
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trendanalysis chartpattern fundamental spx500 es1! vix vxx volatilityindex nasdaq nas100
SP500 S&P is going to test the most important level for this year. If this level gets broken we can look for another retest of previous lows which are not close. This level not holding means a significant decline for both crypto and stock markets as they are already surging downwards and there is already PANIC on the horizon.
The fundamental events that will take place this week and possible increasing interest rates will be the key factor here.

Check out our previous post where we made more than 200+ pips shorting the S&P and much more profits buying the VXX the week before that. Don't forget to FOLLOW so you get informed about the next big move and ways to play it out from our channel.



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