MarkFitz

SPX short median line

Short
FX:SPX500   S&P 500 Index
Confluence of resistance here:
  • Median line in pitchfork
  • 50% retrace of december decline
  • 38.2% retrace of longer term october-december decline
  • Previous pivots in price(19th dec, 10th dec

Stop just 2600 which was another strong pivot area, target ~2487 which would be 38.2% retrace and pivot back in 2017