2 Key Levels to Lookout For S&P 500

2 Key Levels to Lookout For S&P 500:

Strong sell off -59pts or -1.39% for S&P 500 seen on last Friday, 18 June 2021, could be the start of a market correction.

Here are the key support levels to mark on the charts if index continues to fall.

1st Level: 3,850

High Volume Area

Fibo Retracement of 23.6%

10% fall from Peak

2nd Level: 3,400

High Volume Area

Fibo Retracement of 38.2%

20% fall from Peak

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