traderdan59

Bulls and Bears zone for 08-23-2019

SPCFD:SPX   S&P 500 Index
During overnight session market has rallied to 1.618 Fibonacci level of day before yesterday's RTH level.
Until tariff news came out of China, market sold off aggressively.
Most of the time, market will retrace and test 50% or 61.8% level of sell off.
Today might be a good day to keep an eye on all Fibonacci levels for this weeks RTH session.
Level to watch 2928---2926

News to be aware of are:

US:New Home Sales
10:00 AM ET

US:Jerome Powell Speaks
10:00 AM ET
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