S&P 500 futures hit first downside target

The S&P 500 futures are down over 2% today on news from Ukraine. The price action slipped further in the red to hit 4120, the 127.2% Fibonacci extension. In case this zone gives away, the next big support is located near 4040.
esminiFibonacciSPX (S&P 500 Index)SPDR S&P 500 ETF (SPY) Trend Analysis

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