If SPY climbs up to around the 305 level and we start the descend you notice the strongest Fib levels are in the areas of strong support price action wise. A similar scenario applies to the DJIA and QQQ. I believe we are very close to the top.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.