S&P500 about to test zone

19 de mar.

We can see the trend channel on the 4H and hours before the NYSE ope we will be sitting at key diagonal support levels. S&P tends to flash crashes in march and it won't be big of a surprise if we see a quick 4-8% test to lower levels. We also have the FOMC this week which could be the catalyst for such a move. The current bullish move looks exhausted already and the trend struggles to get more power towards the north.