YugginVestor

S&P 500 is looking good!

Long
SP:SPX   S&P 500 Index
If we hold above the ATH, I can see another jump of above 12% based on fibonacci resistance. We currently are in the yellow resistance and if strong enough we should break out. If we break out the next resistance is the white line, and then the yellow will become support. IF we break the white resistance we will see the next stop being the blue resistance. I can definitely expect a large drop after reaching the target

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