baerrus
Short

Next Alert Zone for SPX is 1825 - 1785

SP:SPX   The S&P 500 Index
I'm expecting a retracement of 23%. Why? To move higher the Market needs a healthy +20% correction. Using fibonacci retracement gives us 1785 as the next level when the correction may reverse. 1825 is the October 2014 low.
what do you think will trigger the correction? china?
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baerrus PRO Killy_Mel
We have a very ugly earnings season coming soon.
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