S&P 500 Technical Analysis | This Powerful Trendline Will Be Retested | SP500 Daily Update

This is today's S&P 500 Technical Analysis Update. We will be covering some basic fundamentals that are hot off the press regarding FEDs negative interest rates. Also, some commentary on Goldman Sachs saying that the fed will need to reconsider if there is a second wave during this pandemic.

SP500 is a good gauge as to where we can get a glimpse to where the market is heading, so I try my best to to technical analysis and some basic fundamentals to keep you updated each and every day.

The SP500 just the other day crashed through a powerful trendline and its making its way back to retest it! We have been drawing this out for a week now so it will be interesting to see how this plays out!

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DISCLOSURE: I am not a professional investment advisor, nor do I claim to be. All my videos are for entertainment and educational purposes only.

#SP500 #StockMarketCrash #TechnicalAnalysis