$SPX comparison to 2012 and 2016 Fibonacci retracement levels
Even though the current correction is larger than the previous two comparisons, it's currently just beneath the usual minimum 61.8%, which is similar to the others.
Weekly timeframe comparison of S&P 500
Fibonacci retracement levels from the previous 2 long term range breakouts in 2012 and 2016
40ma for reference
Trying to find a positive after this weeks price drop. 😅
Weekly timeframe comparison of S&P 500
Fibonacci retracement levels from the previous 2 long term range breakouts in 2012 and 2016
40ma for reference
Trying to find a positive after this weeks price drop. 😅
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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.