Key Resistance Level in Play - 2nd Leg Down Begins

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This chart is very straight to the point and simple. The key FIB resistance level of 61.8 is in play. We will see strong resistance & selling pressure @ S&P 2935. I suspect by May 1, 2020 we will start to see a downtrend in the markets.

JP - OUT
Note
Nice push up today. We are 60pts away from the .618
Chart PatternsTechnical IndicatorsTrend Analysis

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