FX:SPX500   S&P 500 index of US listed shares
81 1 2
1692/93 acted as resistance like I thought yesterday. If price can break this level than I believe this rally can go higher. This could turn out to be five waves targeting the 2.618 at 1698 to 1700. 1678 should act as support 38.2 fib and breakout level of channel. Not trying to call bottoms or tops, just trying to catch the middle.
excellent. price action definitely validated buying and it looked strong into the close.
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