SP500 hit 1.618% ext - sweet spot for a long?

Sp hit 1.618 ext. Is the abc completed? i am taking a small long position here with 1800 stop loss
Bullish PatternsindexSPX (S&P 500 Index)S&P 500 (SPX500)SPDR S&P 500 ETF (SPY) Stocks

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