Home Forex Trading S&P 500 drops another 83 points at the open. On track for fourth-worst week ever – ForexLive

S&P 500 drops another 83 points at the open. On track for fourth-worst week ever – ForexLive

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It’s a pandemic of selling

There’s clearly some forced-selling at this point with investors liquidating everything and buying bonds.

The 200-day moving average is long-gone now and the the October low of 2855 is in play.

Trading is extremely volatile in the first minutes with a 20 point bounce and then a fall back down. Everything changes minute-to-minute in a market overcome with fear.
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