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A correction is brewing in the S & P500. So far, only a correction!


Good day!

Gold has approached the lower border of the descending channel and is trying to push off from the line. In principle, the correction to the broken level of 1767.00 looks quite logical and reasonable:

The S & P500 is trying to develop an upward movement, but falls into a downtrend. At the moment, the price is going to close the day below the level of 3862.00, which in the long term opens the way towards 3665.00, where the price will meet another support:

A correction is brewing in the S & P500.  So far, only a correction!

Oleg Svirgun,
analyst at Tickmill brokerage company
03/04/2021

Fidenge Pecold

My profession is a journalist, but my hobby for 8 years has been studying Forex investing and trading. During this time, I managed to gain extensive experience in investing and trading cryptocurrencies and double my capital in the Forex market. To be the author of this magazine, the site owners invited me to participate in one of the 2020 trading webinars, and I will try to reveal the most relevant crypto market news for you.

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