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JonathanWong JonathanWong SPX500, D, Long ,
SPX500: S&P 500: End of a 4 day drop?
109 1 0
SPX500, D Long
S&P 500: End of a 4 day drop?

The S&P 500 has retraced to the 76.4% level from the august 8 low to the august 19 high. Current levels suggest a support at the rising TL around 193x.xx level. Resumption of uptrend look possible. May be invalidated if prices closes below TL.

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