S&P 500 retrace back to 0.5 fibo

It has been a nice couple of bullish days but rather soon than later the bears will get the upper hand again. A retrace back to the 0.5 fibanacci line is very likely when looking at the pattern since the 'bottom' was hit.
Bearish PatternsChart PatternsFibonacci RetracementTechnical IndicatorsTrend Analysis

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