SPX500 4 hour chart trend analysis prep for week of 3/30- 4/3

This is a short term analysis of the 4 hour chart for SPX500. The short term trend looks bearish until we can address the health aspect of the coronavirus There are three main pillars to support the stock market: 1. Monetary policy 2. Fiscal policy 3. Health policy. Monetary and Fiscal have been addressed in the past few weeks. Now the focus will be on health which is the most ambiguous of the three pillars. I am short on SPX500 until we find a way to address the health aspects of the coronavirus. Once a viable containment of the spread and a cure is developed, I believe the SPX500 will rise.

But even after the three pillars are adequately addressed there are still many unknowns that will develop and must be addressed before the market can rise back into a steady bull market:

• When will society return back to our "normal" routine?
  
• How will unemployment be addressed?
  
• What will be the effects on inflation?
  
• What happens to the U.S. credit strength with rising debt and deficits
  

There are many more unknowns that will develop as we go through the coronavirus pandemic so we must come up with flexible ongoing strategies to maneuver through it. Also, this is an international crisis and the solution has to be dealt with on that level. Solving the problem in one country does not solve it for all countries as we already have seen. Any breakdown in a concerted international response will have negative impacts that will reverberate across all economies.