FlowState

SPX500 Approaching Support, Potential Bounce!

Long
OANDA:SPX500USD   S&P 500 Index
SPX500 is approaching its support at 2694 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizonal overlap support) where it could potentially rise to its resistance at 2760 (61.8% Fibonacci retracement, horizontal overlap resistance).
Stochastic (55, 5, 3) is approaching its support at 5.1%.

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