SPY fib level 2.22.21
Market corrections are a major concern for investors and traders alike today.
Here are some key levels to watch for as we see economic concerns, inflation, and Fed Meetings this week.
Bulls need to hold the 20 SMA to stay in control, failure to hold can and will possibly lead to a retest of previous lower supports. We can assume if we see a correction it will be the classic ABC pattern returning to Pre Covid High's.
Here are some key levels to watch for as we see economic concerns, inflation, and Fed Meetings this week.
Bulls need to hold the 20 SMA to stay in control, failure to hold can and will possibly lead to a retest of previous lower supports. We can assume if we see a correction it will be the classic ABC pattern returning to Pre Covid High's.
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