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Ricardo_Matsushita

SP500 will shrink 40%?

Short
S&P 500 Index (SP:SPX)  
Ricardo_Matsushita Updated   
SP:SPX   S&P 500 Index
Beyond Technical Analysis Trend Analysis Fibonacci
5
0
beyondta trendanalysis fibonacci
Fibo 50% will be near 200 EMA which will be near a bigger support zone. Lots of confluence there, plus Corona Virus and Bernie Sanders risk of destroying the economy.
What do you think?
Comment:
I must add it is the longest bull market cycle, the high injection of liquidity, the negative interst in Europe, and the ETF bubbles.
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