Mon, Mar 30, 2026 05:56 GMT
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    S&P 500 Wave Analysis

    S&P 500: ⬇️ Sell

    • S&P 500 broke strong support level 6440.00
    • Likely to fall to support level 6225.00

    S&P 500 index recently broke below the strong support level 6440.00 (which stopped the previous impulse wave 5 in March) and the 61.8% Fibonacci correction of the upward impulse from August.

    The breakout of the support level 6440.00 should add to the bearish pressure on this index.

    S&P 500 index can be expected to fall further to the next support level 6225.00 (former strong support from July and August of 2025).

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