Upcoming week can be crucial for $SPX
We've got the Fibonacci retracement support around the area of 2450, which has proven to be a major support last week, idling in that area. Additionally, we have the Gann Fan resistance level approaching. We will either bounce up, breaking resistance or drop breaking support.
Additionally, we've got three major systemic events accelerating, the OPEC+ negotiations, the surging amount of covid-19 cases in NYC. Additionally, a major systemic shock can appear from the stressed credit markets.
Watch out for
VIX, trade carefully!
NFA (Not Financial Advice)
Additionally, we've got three major systemic events accelerating, the OPEC+ negotiations, the surging amount of covid-19 cases in NYC. Additionally, a major systemic shock can appear from the stressed credit markets.
Watch out for
VIX, trade carefully!NFA (Not Financial Advice)
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