Will SPX Be Able To Defend 2367 On March 17th?

 | Mar 17, 2020 09:22AM ET

On analysis of the movements of S&P 500 Futures in different time frames, I find that the prevailing exhaustion may result in a steep fall in S&P 500 index at the opening bell on March 17th, 2020. If the SPX remains unsuccessful in defending the level of 2367, it may test the level of 2323; before bouncing back amid growing volatility.