S&P bounce and further downside

2020年3月1日

There's been a lot of talk regarding rate cuts we could have possibly seen that priced in with the bounce on Friday and initially I was looking for it to back test around 3060 but with bad news piling in (first US death/community transmissions) I'm looking for it to test the levels below possibly with a rough open on Monday. Next levels I'm looking at are around 2725 and mid 2500s if we see further downside as anticipated.

2020年3月2日

註釋

Strong bounce today i'm still looking for 3065-3070 for the first resistance area, if it breaks through with enough momentum then areas around 3125 and 3215 will be my next areas of interest.