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US Stocks Enter Support Zone

Discussion in 'Technical Analysis' started by FXStreet_Team, Jan 14, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    The poor start to 2016 has continued unabated with the S&P 500 shedding another 2.50% in yesterday’s trading. The index is now heading into a zone of support that has seen the index form swing points in the past. Will we see the same this time around? The S&P 500 posted its worst ever start to a year, losing over 6% in the first week of trading. Earlier this week some minor gains were found which gave the market hope that the slide was coming to an end. But those hopes were dashed when

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