SPX Counter Trend to Continue to the 50 % Fib Retracement
The counter trend rally can continue to the next level of resistance at the 50 % retracement near 2800. As long as price holds above the clouds the counter trend will continue. It will likely complete this week.
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.