bluesky509

Fib Extension Breakout vs Pullback

Short
SP:SPX   S&P 500 Index
Note that my TA is so-so but anyways... Just wanted to share this simple fib extension

Look for a breakout or support at a fib level could be one trading idea.

I am personally, neutral here. Not shorting, but bias towards a pullback, so I'll label it short.
First target would be ~5020, below that I think it could break below... ~4960 or ~4783

-Not trading advice.

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