SP500 making a perfect retrace to the 0.5 fib Long

Description

⋅ Mar 2, 2020 2:43 PM

Will it go up? YES likely. There's a big gap ABOVE us and too much confluence for further upside.

FA - Fed cut interest rate by 0.5
Support at 100MA on weekly
Perfect support at demand zone weekly
Perfect bounce on 0.5 fib!

#SENDIT