Recent sharp correction on S&P has reached 2840 levels.
There is a 38,2% fibo retracement around those levels that already plays as a support.
If now new tweets will appear, it's very likely some relief bounce can bring S&P to 2880.
We will see what's going to happen then but It still looks bearish to me, and within few days I can see it going south again to 2750 or even a bit lower.
There is a 38,2% fibo retracement around those levels that already plays as a support.
If now new tweets will appear, it's very likely some relief bounce can bring S&P to 2880.
We will see what's going to happen then but It still looks bearish to me, and within few days I can see it going south again to 2750 or even a bit lower.
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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.