S&P500: will the correction continue?

Forex analytics: Since December 2015 the index S&P500 has been in the downtrend. In February, the index fell to the level of 2108.0, which is almost 15%. In the past 4 sessions the index had adjusted, approaching the level of 1935.0 (Fibonacci 38.2% and ЕМА50 on the daily chart). This is a strong resistance level and it is possible that the price will not break it down on the first try. At the same time, the ...