💾 S&P 500 Index Reaction At Support
We can see a reaction as soon as the 0.618 Fib. retracement support level is hit: 
This same level matches the 0.382 Fib. retracement support if we count the full wave starting from the October 2022 low:
This can be a reversal point.
This potential reversal is only confirmed if it happens.
It can always go lower.
I am pointing out an early signal here.
While not mentioned here, I am also taking into consideration other factors that strengthen this signal.
Thank you for reading.
Namaste.
This same level matches the 0.382 Fib. retracement support if we count the full wave starting from the October 2022 low:
This can be a reversal point.
This potential reversal is only confirmed if it happens.
It can always go lower.
I am pointing out an early signal here.
While not mentioned here, I am also taking into consideration other factors that strengthen this signal.
Thank you for reading.
Namaste.
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