From Yahoo Finance: 2025-04-04 07:06:00

Stock indices took a heavy hit on Thursday, with the S&P 500 potentially targeting 5,339 or 5,240 for support levels. A measured move to the low 5,200s is possible. Bullish breadth divergences have been noted, with momentum and breadth signaling a potential trend reversal. Price remains the final determinant. The SPX weekly chart shows trendline support and retracement levels between 5,130 and 5,250. Weekly momentum needs to hold at 45%. The SPX plummeted 4.8% on Thursday, its largest single-day decline since June 2020.



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