Dear @culgin

People and investors across the globe seem to be terrified. And they surely have a reason to feel that way.

the SPY is likely to see some support at the 288 level

I'm not sure if TA can be of any use in times of general panic or FOMO. Support levels are build partly on confidence and trust - and this is gone.

On top of that currently FED and other central banks are manipulating market to degree we've never seen before. And TA definetly cannot take this into consideration.

However, the market typically do not go vertically down for long.

They do not. Assuming that companies on stock market will still survive. And it seem that many of those corporations are nothing but "zombies" - on the edge of shutting down completely and going bankrupt.

Upvoted already,
Yours, Piotr