The S&P 500 is down more than 15% in only seven days. The S&P 500 is trading below the 200-day simple moving average (DMA). The Coronavirus spread is sending global markets into panic. S&P 500 daily chart Sellers are selling the American stock index relentlessly. The benchmark is about to records its worst monthly decline since May 2019. The S&P500 is now trading below the critical 200-day simple moving average (DMA) as the market is challenging the 2900 support level. The spread of the Coronavirus is making traders worried about the heath of the global economy. The path of least resistance remains down with 2800 and 2700 as potential targets. Additional key levels FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next US: Markets pricing three rate cuts by the end of 2020 – ABN Amro FX Street 3 years The S&P 500 is down more than 15% in only seven days. The S&P 500 is trading below the 200-day simple moving average (DMA). The Coronavirus spread is sending global markets into panic. S&P 500 daily chart Sellers are selling the American stock index relentlessly. The benchmark is about to records its worst monthly decline since May 2019. The S&P500 is now trading below the critical 200-day simple moving average (DMA) as the market is challenging the 2900 support level. The spread of the Coronavirus is making traders worried about the heath of the global economy. The path… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.