S&P 500 likes Fibonacci
The S&P 500 seems to react pretty well to Fibonacci levels. If the bounce is able to go higher than a 50% retracement, it would be a sign of strength.
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.