SPX500 - next moves

Important zone below, if it falls below it down we should visit bottom of parallel channel, alternative would be to go up to top of channel and then we should see what would happen. Covid cases may impose restrictions on global level thus if everyone expects a crash, we might actually not get to it due to contrarian ideology. Vaccine news are to be expected soon as well so currently I would increase cash positions until clearer time.
Chart PatternsS&P 500 (SPX500)US SPX 500SPDR S&P 500 ETF (SPY) stockmarketsStocksTrend AnalysisWave Analysis

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