Wolf
Long

SPX Fibonacci retracement bullish trend

FX:SPX500   S&P 500 index of US listed shares
869 0 3
There is a bullish trend and we can find that there is a relation between the Fibonacci retracements.

The waves appear to be moving up by a difference from the fib level 0.236 to 0.

In the last 2 waves, both Fib retracement heights are exactly the same. The last wave Fib level 0 was already reached and by the .236 - 0 difference, and it seems to be going down.

I hope to see it try to reach the fib level 0.618 and the support resistance trend line at 1693.
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