Marcus8895

S&P500 GOING DOWNWARDS ?

Short
SP:SPX   S&P 500 Index
Although I am a long-term investor I think that the S&P500 should head back downwards to test recent low and may even fall through depending on what we are getting from future data. Moreover, from Fibonacci analysis we can see that price cannot surpass (0.618) the golden level within Fibonacci retracement which indicates price should be moving down.
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