The Corona Virus Takes Its Toll On The US Stock Market – More Pain Ahead…

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The U.S. Stock Market continues breaking down fast as the Corona Virus spread rapidly around the world. World economies are under “lock-down” as countries shutting down important business and government operations, such as the increasing travel ban around the world. The long term monthly chart for the S&P 500 Futures shows possible support level at $2,500 level in which traders can use asĀ  a potential level for a bounce higher. Check our chart below and see our analysis.

 

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