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MarketMinds

Pullback on important support level for SP500

S&P 500 Index (SP:SPX)  
MarketMinds  
SP:SPX   S&P 500 Index
Trend Analysis Chart Patterns Technical Indicators S&P 500 (SPX500) SPX (S&P 500 Index) sp500index Bullish Patterns Bearish Patterns Coronavirus (COVID-19) corona secondwave
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trendanalysis chartpattern indicator spx500 spx sp500index bullish bearish coronavirus corona secondwave
Hello, Investor!

We are now testing the 3000 point support area for SP500, this level was resistance before so now is acting as a support for this moment and the bulls are trying to hold the price above of it.
But if the price goes below that level the objective will be 2800 points area in the downtrend direction.
At the moment the charts will reflect the virus issue, like the second wave concern.

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