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EuroMotif
Mar 17, 2022 4:37 AM

SP500 bottom in? Key levels defined by 3 waves: DAILY view 

US SP 500 CFDFOREX.com

Description

Plotted are 3 different sets of Fibonacci Extensions.
Each fib is like a "ruler" calibrated to a specific wave.
Every level is relevant, especially the confluence zones.

4372.6 is the key level to break and hold as bottom marker.
4343.6 is immediate support that strong bull would hold.
4222-4224 is key support for bulls to defend as a higher low.
4073-4019 should have been the bottom and NOT be retested.

For a closer look, check out this
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Comments
ClearOpenDoor
I hope we get a bounce from 3500 back up to 3900 golden fib. Then the last great fall to 2665 fib!
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