Interesting to look at near ideal resistance and consolidation at 61% and 161% for overall SPX. DJI is similar as well. Does show some clear divergence on RSI which makes for rough chance of breaking through current resistance. Fib was taken from 2008 High to 2009 Low. Macro trend on Fib
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.