S&P 500 Bounce Incoming

It has been more than a week since this sell off has started. Here in this chart you can see that the price is hovering over a major moving average (Red Line). I have been waiting for this to take a short term trade to ride the potential bounce. I do believe there will be more downside to come in the next week or so. We will all just jave to wait and see.
I hope everyone trys to stay safe out there. And always, please leave a comment for constructive feedback. Thank you all.