I called attention to this fib set while SPX was testing the 423. This level has held. The trading above it being a head in a head and shoulders pattern (Known false breakout pattern).
This forecast estimates the price swings to follow if SPX observes the norms of how price tends to trade back through these fib sets when making a high on the 423.
This forecast estimates the price swings to follow if SPX observes the norms of how price tends to trade back through these fib sets when making a high on the 423.