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S&P 500 Index

S&P 500 June Bottom Was Significant

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The S&P 500 actually bottomed in June 2022 right at the 3rd Fibonacci extension from the Great Depression high. (The Fibonacci levels here were drawn from the all-time low in the 1880s to the high in 1929 right before the Great Depression).

Since the S&P 500 corrected down to an extremely important Fibonacci level and cleanly found support, this could be quite bullish, at minimum for the intermediate period.
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Chart PatternsESS&P 500 E-Mini FuturesHarmonic PatternsSPX (S&P 500 Index)S&P 500 (SPX500)spxlongspxshortSPDR S&P 500 ETF (SPY) Trend Analysis
SpyMasterTrades
To support my work:
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To subscribe to my YouTube channel:
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To follow me on X:
twitter.com/SpyMasterTrades

To tip me (BTC wallet):
bc1qvh48429042mdwvdthwlufx072g3ftffcts2q03
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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.