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S&P 500 Index
Long

Morning Update: No better time to bottom, BULLS have the BALL

255
When the SP500 opens this morning it appears we have a bounce in progress. Is this the bottom...We don't know yet. But Mr. Fibonacci thinks so. With so much Fib Confluence down in this area, I have to say I'm leaning more so towards a bottom rather than a relief rally. Nonetheless, confirmation is required so we will wait to see what price tells us.

As of this morning we have no confirmation.

Best to All,

Chris
maikisch
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Chart Patternssp500indexSPX (S&P 500 Index)S&P 500 (SPX500)SPDR S&P 500 ETF (SPY) Trend AnalysisWave Analysis
maikisch
Go to ewtdaily.com for DETAILED DAILY UPDATES on this ticker and get a 7-day FREE trial on updates on entire coverage list of 27 unique tickers.
Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.