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SP500 making a perfect retrace to the 0.5 fib
Long
SP500 making a perfect retrace to the 0.5 fib
By AlphaTradeZone
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Mar 2, 2020
4
Mar 2, 2020
Will it go up? YES likely. There's a big gap ABOVE us and too much confluence for further upside.
FA - Fed cut interest rate by 0.5
Support at 100MA on weekly
Perfect support at demand zone weekly
Perfect bounce on 0.5 fib!
#SENDIT
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