About meBA(Hons), MSc
Fundamental and Technical Analyse
I am not a professional but only giving my opinion on recent news and sharing where stock/index price will go through using simple technical analysis making it easy to read.
Although I am a long-term investor I think that the S&P500 should head back downwards to test recent low and may even fall through depending on what we are getting from future data. Moreover, from Fibonacci analysis we can see that price cannot surpass (0.618) the golden level within Fibonacci retracement which indicates price should be moving down.