Looking for next support levels for the broader market, with the S+P 500 -
If 5500 is breached, which seems quite possible, the next obvious chart support would be 5400 (low from last Sept), and then 5200 (near Aug low), and then 5000 (April low area) -
5530 -- 10% drop (Correction) 5400 -- 12% drop 5200 -- 15% drop 5000 -- 18.7% drop 4920 -- 20% drop (Bear Market) 4600 -- 25% drop