holeyprofit

SPX big 161 fib level inflection point

Short
SP:SPX   S&P 500 Index
Since we got into this point in the SPX we've gotten in the area where we should be most aware that the medium to long-term trend decision may be being made.

Since we've gotten to this level and are in the area in which shake-outs can happen, we should be aware of signals of the market turning - and certainly not miss the importance of the 161 breaking.

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.