TradeWerx

S&P 500 index 4hr

FX:SPX500   S&P 500 Index
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Fomc brought us huge range extension to the upside yesterday afternoon. We have faded down to half way back from FOMC lows. With prior structure highs lining up with the fib retracement 50% & 61.8%, I believe we are going to see an imbalance of buyers vs sellers to drive this market to 2120's.

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Thanks for your insights.
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