S&P500 Futures: Downside risk: 3471. A Major monthly cloud chart support zone! Index down more than 24% since the initial sell signal above the cloud!
On the weekly cloud chart the index is close to an old cloud chart support zone of 3548! Potential swing trade rebound zone! Downside risk on the weekly towards 3471/3245!
If support holds at the 3548 zone rebound potential upside resistance levels are 3865/4008!
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