The S&P 500 Index faces its worst month in a year. Technical analysis points to a potential 9% drop before finding support. This level, known as the 50% Fibonacci retracement, is a key indicator for traders. Geopolitical events and oil prices add to market uncertainty. Investors watch for resolutions to global conflicts and inflation pressures.
The S&P 500 Index faces its worst month in a year. Technical analysis points to a potential 9% drop before finding support. This level, known as the 50% Fibonacci retracement, is a key indicator for traders. Geopolitical events and oil prices add to market uncertainty. Investors watch for resolutions to global conflicts and inflation pressures. by Soban News (international And National News)