S&P 500 Chart Shows Perfect Symmetry Beneath Chaotic Market

(Bloomberg) -- In a world of virus-driven financial market chaos, one number appears to have set a harmonious tone for the S&P 500.It’s the 50% retracement level that technical analysts use to predict inflection points based on an 800-year-old mathematical principle. On the way down to its swiftest correction from an all-time high, the S&P 500 found its support at 2,870. That corresponded to the midpoint of the entire rally since the late 2018 sell-off.Similarly, as the benchmark g