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S&P500, Nasdaq, Dow & Oil Analysis for March 18, 2020

Chris Vermeulen

Chris Vermeulen of http://www.TheTechnicalTraders.com shares his take on the weakest and strongest indexes, along with his current price forecast on crude oil. All major US indexes have more downside potential this week but should find a bottom at these critical support levels and provide a new trade setup in equities soon. Chris’ Fibonacci price extension target for crude oil is $17 per barrel, which may sound extreme but that is what the charts are pointing to.

S&P500, Nasdaq, Dow & Oil  Video Analysis for March 18, 2020

This article was originally posted on FX Empire

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