The S&P 500’s rally stalls at the key Fibonacci target. What that means for stocks. - MarketWatch
1. S&P 500 bounced 13.6% from its recent low but raises questions. 2. Key Fibonacci level for uptrend is 61.8% at 5,700.50. 3. Index shows signs of continued downtrend despite recent gains. 4. Technology sector shows strong resistance at $218.32. 5. Trade uncertainties exacerbate existing market concerns.