As you can see from the chart, the SP500 index has retraced from it's local high and has hit the 0.5 fib, where it is hitting resistance from the supply line. Long here and look for a retracement back towards 2023 highs.
Note
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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.