SPX is at multiple FIBO retracement extension level again In Jul 25 Post, Move 1 is successful with 3 continuous down week when SPX reached the First Triple FIBO Resistance Level Now it reached another Triple FIBO (In Fact 4th FIBO) Resistance at level 3100.
Always Follow your TraderWorkflow Like my post, click agreed with me and follow me. Thank.
nice going. I was beginning to think there was no top
TraderWorkFlow
⋅
@MICHAELGILCHRIST, i Start shorting the weakest Russell 2000 with tight Stop and take profit when hit support.
No matter how good is the resistance level, it is still against the major up trend. Tight Stop is MANDATORY.
I still paying high Respect to SPX,NDX,DOW that making new high.
We can never know when exactly the market going to reverse.