SPX -- Bearish outlook after the neck line was broken today.

SP:SPX   S&P 500 Index
442 1 6
I would now expect the 1.618 Fib. level to be the future support level
based on the measured move from the Head to Neck Line move.
Fib 1.618 = 1916.74 Support Level Expected..
Good observation. Thanks!
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