S&P has bounced 50 points since the bottom on Monday. Friday tested 76% fib and also the 1600 level which was held successfully. Next resistance is 1620, but a move above 1630 will test S&P back on its uptrend support line.
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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.