Fearing an upcoming crash / correction I've been looking at all the key indexes etc, and this was one of my earlier explorations using Fibonacci.
I look at this chart with a large pinch of salt, more a fascinating oddity than something scientific (maybe!), but I do find all the correlations very interesting.
Ultimately this connects well with my Vix & Gold charts...
All analysis of COVID provide us horrible numbers so i expect at least 1-2 weeks more of downtrend and after that with all the contingence applied from the different countries numbers will get better and also SP will start a slowly recover.