SP500 range bound between two fib levels
The sp500 took a tumble in the after hour sessions with the release of the negative Facebook earnings helping to drag the index down yesterday. As of now, we are currently range bound between to distinct fib levels that also serve as the previous days highs and lows. With that given us reference points for todays trading sessions, we can look to the 4590 and 4620 levels for upside targets and 4530 and 4490 to the downside.
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