SP500 Waiting for a pullback
With the good news, the indices appear to have broken out of their downward trend. A pullback is expected on the SP500, and this retracement would occur in the 0.5 - 0.61 Fibonacci zone.
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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.