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S&P 500 Fibonacci target

FX:SPX500   S&P 500 Index
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A Fibonacci target for SPX may be found with the aid of the 2007-2009 correction height. The 1.618 coefficient yields a target of 2,137.5. Furthermore, the monthly TSI has given (slight for the moment) sell signal, which means that a significant correction is to be expected shortly (within 2 to 3 months).
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