In today's S&P 500 technical analysis review I will cover the gap and trap that took place (bearish engulfing candlestick pattern). I will map out support and resistance levels and walk you through my thought process on trading this stock market volatility. My overall stock market forecast for the S&P 500 is that the price will pull pack to around $3000 range and that will offer up some major support. If it breaks below that level I will be waiting for a close under $2800 to resume trading again. I personally do not think the Fed will allow for a stock market crash in these current economic conditions. However, who knows at this point :) TIMESTAMPS ○ Intro: 00:00 ○ SP500 Daily: 00:43 ○ SPY Instagram Notification: 04:08 ○ SP500 Daily Continued: 05:53 ○ SP500 30 Minute: 06:15 ○ Coco Says Hi: 12:22 MY FAVORITES - https://amz.run/3JLv ○ Book Recommendations ○ My Studio Setup ○ Morning Coffee STOCK TRADING PLATFORM ○ Webull (GET 2 FREE STOCKS): https://bit.ly/37wobNT COME SAY HI: Instagram: https://www.instagram.com/figuringoutmoney Twitter: https://twitter.com/mikepsilva Make sure to SUBSCRIBE to my channel! DISCLAIMER: I am not a professional investment advisor, nor do I claim to be. All my videos are for entertainment and educational purposes only. This is not trading advice. I am wrong all the time. Everything you watch on my channel is my opinion. Links included in this description might be affiliate links. If you purchase a product or service with the links that I provide I may receive a small commission. There is no additional charge to you! Thank you for supporting my channel :) #SP500 #TechnicalAnalysis