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*Direct from the desk of Dane Williams,*
*This is not your average forex broker blog.*

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US Stocks continue to be dumped and there's no bottom in sight.

Remember this from the last time we [spoke about the SPX](https://steempeak.com/forex/@forexbrokr/spx-drops-as-trump-announces-all-travel-from-europe-to-the-us-suspended)?

> "Price goes straight through support and there looks like a lot of daylight to the next major level."

Well, that was even quicker than I expected.

**SPX Daily:**
![image.png](https://files.steempeak.com/file/steempeak/forexbrokr/5HOtmweM-image.png)

Less than three daily candles and we're already at the next higher time frame support zone.

Yesterday's session alone, was an 11% drop...

The fact we now have to go to a weekly chart to find support is really scary.

**SPX Weekly:**
![image.png](https://files.steempeak.com/file/steempeak/forexbrokr/d5hAFe7f-image.png)

Remember, stimulus does nothing if people won't go outside to spend.

This is not the bottom.

Best of probabilities to you,

Dane.

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# *@forexbrokr | Steem Blog*

*Market Analyst and Forex Broker.*

**Twitter:** [@forexbrokr](https://twitter.com/forexbrokr)

[www.forexbrokr.com](https://www.forexbrokr.com/)

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