Here is a fun TA since it revolves around catching the bottom of this crash if capitulation occurs. 
according to this Logarithmic chart SPX has been respecting this trend line since 1974. 
Zooming in to the weekly we can see a shooting star forming indicating a strong rejection on the golden pocket of the fibonacci, a very significant number. Putting together the trend line, the tops of 2000 and 2008 we can find areas of significant support. In addition it coincides near the golden pocket if we draw our fibs from the 2008 bottom to the top of this bull market. So with this confluence in mind A major buy zone is indicated by the yellow box Especially if we see some bullish divergence as it approaches the trend line. 
Moreover with a fib extension (a method of finding price targets we can see that it happens to coincide with the golden pocket as well.
So in total we have 4, and potentially a 5th(bullish divergence) if price touches the yellow box. With more and more TA being readily available, I believe it is more likely to become a self-fulfilling prophecy as well improving odds that at the very least large bounce will occur here if it does reach here. Fundamentally I don't have much faith in the middle class being saved and unemployment will likely remain high for years to come as we will have to take a lot social distancing precaution until there is a vaccine and even if we are optimistic that a vaccine comes out this fall the economic damage has been done. With this fundamental shift on how we operate, any business like cruise lines, airplanes, restaurants will unlikely be able to operate for an extended period of time, so there is a ton of fear and uncertainty.Feds are also slowing down on their quantitative easing, but as there still will be some, we will unlikely see a quick drop like the previous one but a slower downtrend. Of course, they could just jump in press turn on their printers. Hopefully they won't turn it on so much like this month though. brrr.money/
Moreover with a fib extension (a method of finding price targets we can see that it happens to coincide with the golden pocket as well.
So in total we have 4, and potentially a 5th(bullish divergence) if price touches the yellow box. With more and more TA being readily available, I believe it is more likely to become a self-fulfilling prophecy as well improving odds that at the very least large bounce will occur here if it does reach here. Fundamentally I don't have much faith in the middle class being saved and unemployment will likely remain high for years to come as we will have to take a lot social distancing precaution until there is a vaccine and even if we are optimistic that a vaccine comes out this fall the economic damage has been done. With this fundamental shift on how we operate, any business like cruise lines, airplanes, restaurants will unlikely be able to operate for an extended period of time, so there is a ton of fear and uncertainty.Feds are also slowing down on their quantitative easing, but as there still will be some, we will unlikely see a quick drop like the previous one but a slower downtrend. Of course, they could just jump in press turn on their printers. Hopefully they won't turn it on so much like this month though. brrr.money/
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.