S&P500 has shown a dead cat bounce till 3130 levels and started to decline. The index has lost more than 15% due to the outbreak of coronavirus. The overall trend is weak as long as resistance 3145-50 holds. The index hits a low of 3047 and is currently trading 3057.80.
Technically, immediate support is around 3049 (200- day MA) and any violation below will drag the index down till 3000/2975.
The near term resistance is at 3083 and any violation above targets 3100/3145.
It is good to sell on rallies around 3075-80 with SL around 3120 for the TP of 2975.


NZDJPY Bulls Reload: Why 93.50 Is the Line in the Sand for a Run to 97
FxWirePro: USD/JPY holds firm despite concerns over possible currency intervention
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/USD neutral in the near-term, scope for downward resumption
FxWirePro: USD/JPY on nervous hold around 160.00
FxWirePro: USD/CAD extends gains as U.S. dollar gains momentum after strong U.S. NFP data
FxWirePro: AUD/USD softens as risk appetite abates
FxWirePro- Woodies pivot (Major)
FxWirePro: GBP/USD falls to two-week low on strong US jobs data
FxWirePro: EUR/NZD tight ranges prevail as market waits for fresh catalyst
FxWirePro: EUR/AUD jumps as payrolls surprise fuels upside
FxWirePro: GBP/NZD climbs as robust U.S. employment figures triggers renewed buying interest.
FxWirePro: EUR/AUD holds narrow range, focus on near-term support
NZDJPY Bearish Reversal Intact: Triple EMA Stack Signals Sell-on-Rallies Play Toward 90.50
FxWirePro: AUD/USD holds narrow range, focus on near-term support 



